Enrolled Bill Summary

            House Bill 1572 amends the Texas Limited Liability Company Act, the Texas Non-Profit Corporation Act, and the Texas Revised Partnership Act to authorize doctors of medicine and osteopathy licensed by the Texas State Board of Medical Examiners and podiatrists licensed by the Texas State Board of Podiatric Medical Examiners to organize and jointly own professional limited liability companies, nonprofit corporations, and partnerships to perform professional services that fall within the scope of their respective practices. The act provides that the authority of each of the practitioners in such entities is limited by the scope of practice of the respective practitioners, and none can exercise control over the other's clinical authority granted by their respective licenses. The act also sets out activities that nonprofit corporations organized under the act may carry out. The Texas State Board of Medical Examiners and the Texas State Board of Podiatric Medical Examiners continue to exercise regulatory authority over their respective licenses.