{"data":{"id":"us-tx/tex.-business-organizations-code-200.005","jurisdiction":"us-tx","citation":"Tex. Business Organizations Code § 200.005","heading":"SUPPLEMENTARY POWERS OF REAL ESTATE INVESTMENT TRUST.","body":"(a) Subject to Section 2.113(a) and in addition to the powers specified in Section 2.101, a real estate investment trust may engage in activities mandated or authorized by:\n(1) provisions of the Internal Revenue Code that are related to or govern real estate investment trusts; and\n(2) regulations adopted under the Internal Revenue Code.\n(b) This section does not authorize a real estate investment trust or an officer or trust manager of a real estate investment trust to exercise a power in a manner inconsistent with a limitation on the purposes or powers of the real estate investment trust contained in:\n(1) the trust's certificate of formation;\n(2) this code; or\n(3) another law of this state.\nActs 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.","path":["BUSINESS ORGANIZATIONS CODE","TITLE 5. REAL ESTATE INVESTMENT TRUSTS","CHAPTER 200. REAL ESTATE INVESTMENT TRUSTS","SUBCHAPTER A. GENERAL PROVISIONS"],"source_url":"https://statutes.capitol.texas.gov/Docs/BO/htm/BO.200.htm#200.005","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:46:58Z","sha256":"a1b91a6eff203cdbd86e7945fef29123b5a480132faa318dee17bf1ab5c574d5","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-business-organizations-code-200.004","next":"us-tx/tex.-business-organizations-code-200.006"},"notice":"GroundRules: Original legal text. Not legal advice."}