As used in this part, unless the context otherwise requires:
(1) Disqualified person means an individual or entity that for any reason is or becomes ineligible under this part to be a member of a PLLC or holder of financial rights of a PLLC;
(2) Foreign professional LLC, foreign PLLC or a PLLC that is otherwise designated as foreign means a foreign LLC that is formed under a law other than the law of this state for the purpose of rendering professional services under a law other than the law of this state;
(3) Law includes rules promulgated in accordance with §§ 48-249-1109 and 48-249-1129;
(4) 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;
(5) Professional LLC, PLLC, domestic professional LLC, domestic PLLC or a professional LLC or PLLC that is otherwise designated as domestic, means a professional LLC that is formed under this chapter, an LLC for which professional LLC status has been elected under this part or, where expressly indicated, a professional LLC that is formed under the Tennessee Limited Liability Company Act, compiled in chapters 201-248 of this title, or an LLC that is formed under the Tennessee Limited Liability Company Act, compiled in chapters 201-248 of this title, for which professional LLC status has been elected under the Tennessee Limited Liability Company Act, compiled in chapters 201-248 of this title;
(6) 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
(7) Qualified person means an individual, general partnership, limited liability partnership, professional corporation, professional association or domestic or foreign PLLC that is eligible to be a member of or holder of financial rights in a PLLC under § 48-249-1109.
As used in this part, unless the context otherwise requires:
(1) Disqualified person means an individual or entity that for any reason is or becomes ineligible under this part to be a member of a PLLC or holder of financial rights of a PLLC;
(2) Foreign professional LLC, foreign PLLC or a PLLC that is otherwise designated as foreign means a foreign LLC that is formed under a law other than the law of this state for the purpose of rendering professional services under a law other than the law of this state;
(3) Law includes rules promulgated in accordance with §§ 48-249-1109 and 48-249-1129;
(4) 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;
(5) Professional LLC, PLLC, domestic professional LLC, domestic PLLC or a professional LLC or PLLC that is otherwise designated as domestic, means a professional LLC that is formed under this chapter, an LLC for which professional LLC status has been elected under this part or, where expressly indicated, a professional LLC that is formed under the Tennessee Limited Liability Company Act, compiled in chapters 201-248 of this title, or an LLC that is formed under the Tennessee Limited Liability Company Act, compiled in chapters 201-248 of this title, for which professional LLC status has been elected under the Tennessee Limited Liability Company Act, compiled in chapters 201-248 of this title;
(6) 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
(7) Qualified person means an individual, general partnership, limited liability partnership, professional corporation, professional association or domestic or foreign PLLC that is eligible to be a member of or holder of financial rights in a PLLC under § 48-249-1109.
As used in this part, unless the context otherwise requires:
(1) Disqualified person means an individual or entity that for any reason is or becomes ineligible under this part to be a member of a PLLC or holder of financial rights of a PLLC;
(2) Foreign professional LLC, foreign PLLC or a PLLC that is otherwise designated as foreign means a foreign LLC that is formed under a law other than the law of this state for the purpose of rendering professional services under a law other than the law of this state;
(3) Law includes rules promulgated in accordance with §§ 48-249-1109 and 48-249-1129;
(4) 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;
(5) Professional LLC, PLLC, domestic professional LLC, domestic PLLC or a professional LLC or PLLC that is otherwise designated as domestic, means a professional LLC that is formed under this chapter, an LLC for which professional LLC status has been elected under this part or, where expressly indicated, a professional LLC that is formed under the Tennessee Limited Liability Company Act, compiled in chapters 201-248 of this title, or an LLC that is formed under the Tennessee Limited Liability Company Act, compiled in chapters 201-248 of this title, for which professional LLC status has been elected under the Tennessee Limited Liability Company Act, compiled in chapters 201-248 of this title;
(6) 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
(7) Qualified person means an individual, general partnership, limited liability partnership, professional corporation, professional association or domestic or foreign PLLC that is eligible to be a member of or holder of financial rights in a PLLC under § 48-249-1109.
