Tex. Business Organizations Code § 200.163: EXCEPTIONS TO LIMITATIONS.
Where this section sits in the code
- BUSINESS ORGANIZATIONS CODE
- TITLE 5. REAL ESTATE INVESTMENT TRUSTS
- CHAPTER 200. REAL ESTATE INVESTMENT TRUSTS
- SUBCHAPTER D. SHAREHOLDER RIGHTS AND RESTRICTIONS
Section 200.161 or 200.162 does not limit the obligation of a holder, beneficial owner, or subscriber to the obligee of the real estate investment trust if that person:
(1) expressly assumes, guarantees, or agrees to be personally liable to the obligee for the obligation; or
(2) is otherwise liable to the obligee for the obligation under this code or other applicable statute.
Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.
Collected 2026-08-27T01:46:58Z. Source file · JSON