Tex. Bus. Orgs. Code § 200.153 · Subchapter D. SHAREHOLDER RIGHTS AND RESTRICTIONS
CHARACTERIZATION AND TRANSFER OF SHARES AND OTHER SECURITIES.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
Except as otherwise provided by this code, the shares and other securities of a real estate investment trust are:
(1) personal property for all purposes; and
(2) transferable in accordance with Chapter 8, Business & Commerce Code.
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 18919107814d7cfd9b1ea0552edc606e59267f437cfedbb680de43c3326fc5ba
- 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
This section cites
Provisions in this library that the text above cites, as it prints each citation. A range cited as “ss. 61.13-61.16” links its first and last provisions.
Business & Commerce Code
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.