Sec. 901.353. RESIDENT MANAGER. (a) An office established or maintained in this state by a firm of certified public accountants, a firm of public accountants, or a person described by Section 901.355 must designate a resident manager who is responsible for the license of the firm or person, as applicable. The resident manager must be:
(1) an owner, member, partner, shareholder, or employee of the firm or person that occupies the office; and
(2) licensed under this chapter.
(b) A resident manager may serve in that capacity in only one office at a time except as authorized by board rule. The board by rule may establish a registration procedure under which a person may serve as resident manager of more than one office at a time.
Acts 1999, 76th Leg., ch. 388, Sec. 1, eff. Sept. 1, 1999. Amended by Acts 2001, 77th Leg., ch. 1497, Sec. 23, eff. Sept. 1, 2001.
Amended by:
Acts 2019, 86th Leg., R.S., Ch. 181 (H.B. 1520), Sec. 11, eff. September 1, 2019.
Structure Texas Statutes
Title 5 - Regulation of Financial and Legal Services
Subtitle A - Financial Services
Subchapter H. Firm License Requirements
Section 901.351. Firm License Required
Section 901.352. Application for Firm License or Registration
Section 901.353. Resident Manager
Section 901.354. Firm License Information and Eligibility
Section 901.355. Registration for Certain Foreign Applicants