{"data":{"id":"us-tx/tex.-business-organizations-code-200.152","jurisdiction":"us-tx","citation":"Tex. Business Organizations Code § 200.152","heading":"NO STATUTORY PREEMPTIVE RIGHT UNLESS SPECIFICALLY PROVIDED BY CERTIFICATE OF FORMATION.","body":"A shareholder of a real estate investment trust does not have a preemptive right to acquire securities except to the extent specifically provided by the certificate of formation.\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 D. SHAREHOLDER RIGHTS AND RESTRICTIONS"],"source_url":"https://statutes.capitol.texas.gov/Docs/BO/htm/BO.200.htm#200.152","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:46:58Z","sha256":"9bfd60a3c7fbdbc4158417c386f372a3670b67a7740aec994676f6a679057573","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-business-organizations-code-200.151","next":"us-tx/tex.-business-organizations-code-200.153"},"notice":"GroundRules: Original legal text. Not legal advice."}