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Current as of January 02, 2024 | Updated by Findlaw Staff
As used in this chapter, unless the context otherwise requires:
(1) “Disqualified person” means an individual or entity that for any reason is or becomes ineligible under this chapter to be a member of a PLLC;
(2) “Domestic professional LLC” means a professional LLC formed under chapters 201-248 of this title;
(3) “Foreign professional LLC” means a foreign LLC formed for the purpose of rendering professional services under a law other than the law of this state;
(4) “Law” includes rules promulgated in accordance with § 48-248-603;
(5) “Licensing authority” means the officer, board, agency, court or other authority in this state empowered to license or otherwise authorize the rendition of a professional service;
(6) “Professional LLC” or “PLLC” means an LLC, other than a foreign professional LLC, which has elected to become subject to this chapter;
(7) “Professional service” means a service that may be lawfully rendered only by a person licensed or otherwise authorized by a licensing authority in this state to render the service and that may not be lawfully rendered by a corporation under the Tennessee Business Corporation Act, compiled in chapters 11-27 of this title or by an LLC under chapters 201-248 of this title; and
(8) “Qualified person” means an individual, general partnership, professional corporation, professional association or PLLC that is eligible under § 48-248-401 to be a member of a PLLC.
Cite this article: FindLaw.com - Tennessee Code Title 48. Corporations and Associations § 48-248-102 - last updated January 02, 2024 | https://codes.findlaw.com/tn/title-48-corporations-and-associations/tn-code-sect-48-248-102/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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