{"data":{"id":"us-tx/tex.-business-organizations-code-200.162","jurisdiction":"us-tx","citation":"Tex. Business Organizations Code § 200.162","heading":"PREEMPTION OF LIABILITY.","body":"The liability of a holder, beneficial owner, or subscriber of shares of a real estate investment trust for an obligation that is limited by Section 200.161 is exclusive and preempts any other liability imposed for that obligation under common law or otherwise.\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#200.162","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:46:58Z","sha256":"9ea6561dfbc5199d4b4c98b05a0e8d052564f1d74154ac0214a0aa46648be276","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-business-organizations-code-200.161","next":"us-tx/tex.-business-organizations-code-200.163"},"notice":"GroundRules: Original legal text. Not legal advice."}