{"data":{"id":"us-tx/tex.-business-organizations-code-200.159","jurisdiction":"us-tx","citation":"Tex. Business Organizations Code § 200.159","heading":"LIABILITY FOR DESIGNATING OWNER OF SHARES.","body":"A real estate investment trust or an officer, trust manager, employee, or agent of the real estate investment trust may not be held liable for considering a person to be the owner of a share for a purpose described by Section 200.151, regardless of whether the person possesses a certificate for those 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 D. SHAREHOLDER RIGHTS AND RESTRICTIONS"],"source_url":"https://statutes.capitol.texas.gov/Docs/BO/htm/BO.200.htm#200.159","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:46:58Z","sha256":"361bebaf6491069757561be7f68841774ec8ab31497066a4600900d64d6e5c6d","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-business-organizations-code-200.158","next":"us-tx/tex.-business-organizations-code-200.160"},"notice":"GroundRules: Original legal text. Not legal advice."}