Chapter 14 

Professional Limited Liability Companies

§ 14.1Professional Limited Liability Companies Generally

A professional limited liability company (PLLC) is a limited liability company operated for the purpose of providing services within the scope of the member’s profession. Only a pro­fessional individual may be the officer of a PLLC. A professional individual is an individual who is licensed to practice the same professional service as the PLLC. The secretary of state has a permissible entity guide for licensed profession­als at www.sos.state.tx.us/corp/forms/entitychart.pdf.

§ 14.2PLLC Purpose

While a PLLC and an LLC are formed in the same manner, the key difference is that the pur­pose of a PLLC may be for only the professional service being rendered. For example, an attor­ney’s PLLC would be for the purpose of render­ing professional legal services. The PLLC of a physician would be for rendering professional medical services.

Section 301.012 of the Texas Business Organi­zations Code allows professionals to jointly own a PLLC only to perform a professional service within the scope of their profession. A lawyer may not own a PLLC with a physician, despite both a lawyer and a physician providing profes­sional services.

There are specific rules regarding joint practice by certain medical professionals. Consult the appropriate Texas Occupations Code sections and the Texas Medical Board for accurate infor­mation.