{"data":{"id":"us-tx/tex.-business-organizations-code-200.201","jurisdiction":"us-tx","citation":"Tex. Business Organizations Code § 200.201","heading":"AUTHORITY FOR DISTRIBUTIONS.","body":"The trust managers of a real estate investment trust may authorize a distribution and the real estate investment trust may make a distribution, subject to Section 200.202 and any restriction in 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 E. DISTRIBUTIONS AND SHARE DIVIDENDS"],"source_url":"https://statutes.capitol.texas.gov/Docs/BO/htm/BO.200.htm#200.201","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:46:58Z","sha256":"956be17a4db0bdc53dfc5a84941c63ad4a8bc8833a608c708ace72bb0965cc00","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-business-organizations-code-200.164","next":"us-tx/tex.-business-organizations-code-200.202"},"notice":"GroundRules: Original legal text. Not legal advice."}