Tex. Occupations Code § 351.361
LEASE; PAYMENT BASIS; ACCOUNTS RECEIVABLE
Texas · Texas Occupations Code · Status: effective
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- Citation
- Tex. Occupations Code § 351.361, LEASE; PAYMENT BASIS; ACCOUNTS RECEIVABLE, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/699133
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Full text
(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.