{"data":{"id":"us-tx/tex.-business-organizations-code-200.054","jurisdiction":"us-tx","citation":"Tex. Business Organizations Code § 200.054","heading":"ADOPTION OF AMENDMENT BY TRUST MANAGERS.","body":"If a real estate investment trust does not have any issued and outstanding shares, the trust managers may adopt a proposed amendment to the real estate investment trust's certificate of formation by resolution without shareholder approval.\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 B. FORMATION AND GOVERNING DOCUMENTS"],"source_url":"https://statutes.capitol.texas.gov/Docs/BO/htm/BO.200.htm#200.054","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:46:58Z","sha256":"441f055dac487f629685242d9b24e8ac15824bb85ec21d4bdd6e87456f3147d5","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-business-organizations-code-200.053","next":"us-tx/tex.-business-organizations-code-200.055"},"notice":"GroundRules: Original legal text. Not legal advice."}