Tex. Bus. Orgs. Code § 200.151 · Subchapter D. SHAREHOLDER RIGHTS AND RESTRICTIONS
REGISTERED HOLDERS AS OWNERS.
Text — Current through the 89th 2nd Called Legislative Session, 2025
Except as otherwise provided by this code and subject to Chapter 8, Business & Commerce Code, a real estate investment trust may consider the person registered as the owner of a share in the share transfer records of the real estate investment trust at a particular time, including a record date set under Section 6.102, as the owner of that share at that time for purposes of:
(1) voting the share;
(2) receiving distributions on the share;
(3) transferring the share;
(4) receiving notice, exercising rights of dissent and appraisal, exercising or waiving a preemptive right, or giving proxies with respect to that share; or
(5) entering into agreements with respect to that share in accordance with Section 6.251 or 6.252 or with this subchapter.
Notes and commentary — not statutory text
History
Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/BO/htm/BO.200.htm
- Text hash
- sha256 00bb4712f2848420e8376c24f2180f79638ffa00ec38a74ccfda91a4b3a83863
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
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Business & Commerce Code
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Business Organizations Code
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