Texas Register
TITLE 22 EXAMINING BOARDS
PART 23TEXAS REAL ESTATE COMMISSION
CHAPTER 535GENERAL PROVISIONS
SUBCHAPTER CEXEMPTIONS TO REQUIREMENTS OF LICENSURE
RULE §535.31Attorneys at Law
ISSUE 09/05/2014
ACTION Proposed
Preamble Texas Admin Code Rule
An attorney licensed and eligible to practice law in Texas [this state] is exempt from the requirements of the Act but cannot sponsor real estate salespersons or act [ serve] as the designated broker for a licensed business entity [officer or manager of a licensed corporation or limited liability company, or designated partner of a partnership] unless the attorney is also licensed as a real estate broker. This provision does not waive [is not a waiver of] the standards of eligibility and qualification elsewhere established in the Act.

The agency certifies that legal counsel has reviewed the proposal and found it to be within the state agency's legal authority to adopt.

Filed with the Office of the Secretary of State on August 25, 2014

TRD-201404022

Kerri Lewis

General Counsel

Texas Real Estate Commission

Earliest possible date of adoption: October 5, 2014

For further information, please call: (512) 936-3092

 

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