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Tex. Occ. Code § 351.361

LEASE; PAYMENT BASIS; ACCOUNTS RECEIVABLE

Known as the Texas Optometry Act

The act spans §§ 351–351 (147 sections).

Acts 1999, 76th Leg., ch. 388, Sec. 1, eff

(a) An optometrist or therapeutic optometrist may:

(1) lease space from an establishment;

(2) pay for franchise fees or other services on a percentage or gross receipts basis; or

(3) sell, transfer, or assign accounts receivable.

(b) Subsection (a)(2) does not authorize activity prohibited by Section 351.408.

(c) The purpose of this section is to protect the public in the practice of optometry or therapeutic optometry, better enable the public to assign professional responsibility, and further safeguard the doctor-patient relationship.

Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.