Texas · Through 89th 2nd Called Legislative Session, 2025

Tex. Business Organizations Code § 200.054: ADOPTION OF AMENDMENT BY TRUST MANAGERS.

Where this section sits in the code

BUSINESS ORGANIZATIONS CODE
TITLE 5. REAL ESTATE INVESTMENT TRUSTS
CHAPTER 200. REAL ESTATE INVESTMENT TRUSTS
SUBCHAPTER B. FORMATION AND GOVERNING DOCUMENTS

If a real estate investment trust does not have any issued and outstanding shares, the trust managers may adopt a proposed amendment to the real estate investment trust's certificate of formation by resolution without shareholder approval.

Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.

Collected 2026-08-27T01:46:58Z. Source file · JSON

Browse this collection