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

Tex. Business Organizations Code § 200.152: NO STATUTORY PREEMPTIVE RIGHT UNLESS SPECIFICALLY PROVIDED BY CERTIFICATE OF FORMATION.

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Where this section sits in the code
  1. BUSINESS ORGANIZATIONS CODE
  2. TITLE 5. REAL ESTATE INVESTMENT TRUSTS
  3. CHAPTER 200. REAL ESTATE INVESTMENT TRUSTS
  4. SUBCHAPTER D. SHAREHOLDER RIGHTS AND RESTRICTIONS

A shareholder of a real estate investment trust does not have a preemptive right to acquire securities except to the extent specifically provided by the certificate of formation.

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

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

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