{"data":{"id":"us-tx/tex.-business-organizations-code-200.153","jurisdiction":"us-tx","citation":"Tex. Business Organizations Code § 200.153","heading":"CHARACTERIZATION AND TRANSFER OF SHARES AND OTHER SECURITIES.","body":"Except as otherwise provided by this code, the shares and other securities of a real estate investment trust are:\n(1) personal property for all purposes; and\n(2) transferable in accordance with Chapter 8, Business \u0026 Commerce Code.\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#200.153","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:46:58Z","sha256":"30c6065e83204f147622758f106390356c10e117bb7a0ab8f6c6eb689454192e","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-business-organizations-code-200.152","next":"us-tx/tex.-business-organizations-code-200.154"},"notice":"GroundRules: Original legal text. Not legal advice."}