Tex. Bus. Orgs. Code § 200.201 · Subchapter E. DISTRIBUTIONS AND SHARE DIVIDENDS
AUTHORITY FOR DISTRIBUTIONS.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
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.
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 aca59467b4f7d2d20a959ac700ac422001eb713383c7f6ee1d463d000f9d78ca
- 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
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Business Organizations 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.