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

Tex. Business Organizations Code § 200.201: AUTHORITY FOR DISTRIBUTIONS.

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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 E. DISTRIBUTIONS AND SHARE DIVIDENDS

The trust managers of a real estate investment trust may authorize a distribution and the real estate investment trust may make a distribution, subject to Section 200.202 and any restriction in 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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