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Section 48-248-501 - Foreign professional limited liability companies — Tennessee Law | CourtGPT
  1. Home/
  2. Laws/
  3. Tennessee/
  4. Title 48 - Corporations and Associations Securities (§§ 48-1-101 — 48-1-201)/
  5. Limited Liability Companies/
  6. Chapter 248 - Professional Limited Liability Companies/
  7. Part 5 - Foreign Professional Limited Liability Companies/
  8. Section 48-248-501 - Foreign professional limited liability companies
Tennessee Legal Code
(a) Except as provided in subsection (c), a foreign PLLC may not transact business in this state until it obtains a certificate of authority from the secretary of state.(b) A foreign PLLC may not register unless: (1) Its name satisfies the requirements of § 48-248-301;(2) It is organized for one (1) or more of the purposes referenced in and satisfies the requirements of § 48-248-104; and(3) All of its members, all of its governors (or their equivalent), if any, and all managers (or their equivalent) are licensed in one (1) or more states to render a professional service described in its articles; provided, that if the licensing authority of this state permits persons other than qualified persons to serve as governors, if any, or managers of a PLLC, not less than one half (½) of its governors, if any, and all managers except the secretary and treasurer, if any, of a PLLC shall be qualified persons with respect to the PLLC.(c) A foreign PLLC is not required to obtain a certificate of authority in this state unless it maintains or intends to maintain an office in this state for conduct of business or professional practice.Acts 1994, ch. 868, § 1; 1995, ch. 403, § 94.

Section 48-248-501 - Foreign professional limited liability companies

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