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

Tex. Business Organizations Code § 200.159: LIABILITY FOR DESIGNATING OWNER OF SHARES.

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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 real estate investment trust or an officer, trust manager, employee, or agent of the real estate investment trust may not be held liable for considering a person to be the owner of a share for a purpose described by Section 200.151, regardless of whether the person possesses a certificate for those shares.

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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