{"data":{"id":"us-tx/tex.-business-organizations-code-200.109","jurisdiction":"us-tx","citation":"Tex. Business Organizations Code § 200.109","heading":"LIABILITY OF ASSIGNEE OR TRANSFEREE.","body":"An assignee or transferee of certificated shares, uncertificated shares, or a subscription for shares in good faith and without knowledge that full consideration for the shares or subscription has not been paid may not be held personally liable to the real estate investment trust or a creditor of the real estate investment trust for an unpaid portion of the consideration.\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#200.109","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:46:58Z","sha256":"dc32a14499ab7cd8929c109a8a50bb7aa4d371ed2df896cf9bdc8f3b239cc0a3","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-business-organizations-code-200.108","next":"us-tx/tex.-business-organizations-code-200.110"},"notice":"GroundRules: Original legal text. Not legal advice."}