{"data":{"id":"us-tx/tex.-business-organizations-code-200.108","jurisdiction":"us-tx","citation":"Tex. Business Organizations Code § 200.108","heading":"VALUE OF CONSIDERATION.","body":"In the absence of fraud in the transaction, the judgment of the trust managers is conclusive in determining the value of the consideration received for the shares.\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 C. SHARES"],"source_url":"https://statutes.capitol.texas.gov/Docs/BO/htm/BO.200.htm#200.108","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:46:58Z","sha256":"2417426676ebb2c6b0f6125ae9e41e9b7f0e77c047da1c13fa00786878bbbefc","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-business-organizations-code-200.107","next":"us-tx/tex.-business-organizations-code-200.109"},"notice":"GroundRules: Original legal text. Not legal advice."}
