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Texas Statutes (Last Updated: January 4, 2014) |
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BUSINESS ORGANIZATIONS CODE |
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Title 5. REAL ESTATE INVESTMENT TRUSTS |
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Chapter 200. REAL ESTATE INVESTMENT TRUSTS |
| Subchapter A. GENERAL PROVISIONS |
| § 200.001. DEFINITION |
| § 200.002. APPLICABILITY OF CHAPTER |
| § 200.003. CONFLICT WITH OTHER LAW |
| § 200.004. ULTRA VIRES ACTS |
| § 200.005. SUPPLEMENTARY POWERS OF REAL ESTATE INVESTMENT TRUST |
| § 200.006. REQUIREMENT THAT FILING INSTRUMENT BE SIGNED BY OFFICER |
| Subchapter B. FORMATION AND GOVERNING DOCUMENTS |
| § 200.051. DECLARATION OF TRUST |
| § 200.052. NO PROPERTY RIGHT IN CERTIFICATE OF FORMATION |
| § 200.053. PROCEDURES TO ADOPT AMENDMENT TO CERTIFICATE OF FORMATION |
| § 200.054. ADOPTION OF AMENDMENT BY TRUST MANAGERS |
| § 200.055. ADOPTION OF AMENDMENT BY SHAREHOLDERS |
| § 200.056. NOTICE OF AND MEETING TO CONSIDER PROPOSED AMENDMENT |
| § 200.057. ADOPTION OF RESTATED CERTIFICATE OF FORMATION |
| § 200.058. BYLAWS |
| § 200.059. DUAL AUTHORITY |
| § 200.060. ORGANIZATION MEETING |
| Subchapter C. SHARES |
| § 200.101. NUMBER |
| § 200.102. CLASSIFICATION OF SHARES |
| § 200.103. CLASSES OF SHARES ESTABLISHED BY TRUST MANAGERS |
| § 200.104. ISSUANCE OF SHARES |
| § 200.105. TYPES OF CONSIDERATION FOR ISSUANCE OF SHARES |
| § 200.106. DETERMINATION OF CONSIDERATION FOR SHARES |
| § 200.107. AMOUNT OF CONSIDERATION FOR ISSUANCE OF SHARES WITH PAR VALUE |
| § 200.108. VALUE OF CONSIDERATION |
| § 200.109. LIABILITY OF ASSIGNEE OR TRANSFEREE |
| § 200.110. SUBSCRIPTIONS |
| § 200.111. PREFORMATION SUBSCRIPTION |
| § 200.112. COMMITMENT IN CONNECTION WITH PURCHASE OF SHARES |
| § 200.113. SUPPLEMENTAL REQUIRED RECORDS |
| Subchapter D. SHAREHOLDER RIGHTS AND RESTRICTIONS |
| § 200.151. REGISTERED HOLDERS AS OWNERS |
| § 200.152. NO STATUTORY PREEMPTIVE RIGHT UNLESS SPECIFICALLY PROVIDED BY CERTIFICATE OF FORMATION |
| § 200.153. CHARACTERIZATION AND TRANSFER OF SHARES AND OTHER SECURITIES |
| § 200.154. RESTRICTION ON TRANSFER OF SHARES AND OTHER SECURITIES |
| § 200.155. VALID RESTRICTION ON TRANSFER |
| § 200.156. BYLAW OR AGREEMENT RESTRICTING TRANSFER OF SHARES OR OTHER SECURITIES |
| § 200.157. ENFORCEABILITY OF RESTRICTION ON TRANSFER OF CERTAIN SECURITIES |
| § 200.158. JOINT OWNERSHIP OF SHARES |
| § 200.159. LIABILITY FOR DESIGNATING OWNER OF SHARES |
| § 200.160. LIABILITY REGARDING JOINT OWNERSHIP OF SHARES |
| § 200.161. LIMITATION OF LIABILITY FOR OBLIGATIONS |
| § 200.162. PREEMPTION OF LIABILITY |
| § 200.163. EXCEPTIONS TO LIMITATIONS |
| § 200.164. PLEDGEES AND TRUST ADMINISTRATORS |
| Subchapter E. DISTRIBUTIONS AND SHARE DIVIDENDS |
| § 200.201. AUTHORITY FOR DISTRIBUTIONS |
| § 200.202. LIMITATIONS ON DISTRIBUTIONS |
| § 200.203. PRIORITY OF DISTRIBUTIONS |
| § 200.204. RESERVES, DESIGNATIONS, AND ALLOCATIONS FROM SURPLUS |
| § 200.205. AUTHORITY FOR SHARE DIVIDENDS |
| § 200.206. LIMITATIONS ON SHARE DIVIDENDS |
| § 200.207. VALUE OF SHARES ISSUED AS SHARE DIVIDENDS |
| § 200.208. TRANSFER OF SURPLUS FOR SHARE DIVIDENDS |
| § 200.209. DETERMINATION OF SOLVENCY, NET ASSETS, STATED CAPITAL, AND SURPLUS |
| § 200.210. DATE OF DETERMINATION OF SURPLUS |
| § 200.211. SPLIT-UP OR DIVISION OF SHARES |
| Subchapter F. SHAREHOLDERS' MEETINGS; VOTING AND QUORUM |
| § 200.251. ANNUAL MEETING |
| § 200.252. SPECIAL MEETINGS |
| § 200.253. NOTICE OF MEETING |
| § 200.254. CLOSING OF SHARE TRANSFER RECORDS |
| § 200.255. RECORD DATE FOR WRITTEN CONSENT TO ACTION |
| § 200.256. RECORD DATE FOR PURPOSE OTHER THAN WRITTEN CONSENT TO ACTION |
| § 200.257. QUORUM |
| § 200.258. VOTING IN ELECTION OF TRUST MANAGERS |
| § 200.259. CUMULATIVE VOTING IN ELECTION OF TRUST MANAGERS |
| § 200.260. VOTING ON MATTERS OTHER THAN ELECTION OF TRUST MANAGERS |
| § 200.261. VOTE REQUIRED TO APPROVE FUNDAMENTAL ACTION |
| § 200.262. CHANGES IN VOTE REQUIRED FOR CERTAIN MATTERS |
| § 200.263. NUMBER OF VOTES PER SHARE |
| § 200.264. VOTING IN PERSON OR BY PROXY |
| § 200.265. TERM OF PROXY |
| § 200.266. REVOCABILITY OF PROXY |
| § 200.267. ENFORCEABILITY OF PROXY |
| § 200.268. PROCEDURES IN BYLAWS RELATING TO PROXIES |
| Subchapter G. TRUST MANAGERS |
| § 200.301. MANAGEMENT BY TRUST MANAGERS |
| § 200.302. DESIGNATION OF TRUST MANAGERS |
| § 200.303. TRUST MANAGER ELIGIBILITY REQUIREMENTS |
| § 200.304. NUMBER OF TRUST MANAGERS |
| § 200.305. COMPENSATION |
| § 200.306. TERM OF TRUST MANAGER |
| § 200.307. STAGGERED TERMS OF TRUST MANAGERS |
| § 200.308. VACANCY |
| § 200.309. NOTICE OF MEETING |
| § 200.310. QUORUM |
| § 200.311. COMMITTEES OF TRUST MANAGERS |
| § 200.312. LIABILITY OF TRUST MANAGERS |
| § 200.313. STATUTE OF LIMITATIONS ON CERTAIN ACTION AGAINST TRUST MANAGERS |
| § 200.314. IMMUNITY FROM LIABILITY FOR PERFORMANCE OF DUTY |
| § 200.315. RIGHT OF CONTRIBUTION |
| § 200.316. OFFICERS |
| § 200.317. CONTRACTS OR TRANSACTIONS INVOLVING INTERESTED TRUST MANAGERS AND OFFICERS |
| Subchapter H. INVESTMENTS |
| § 200.351. INVESTMENTS |
| Subchapter I. FUNDAMENTAL BUSINESS TRANSACTIONS |
| § 200.401. DEFINITIONS |
| § 200.402. APPROVAL OF MERGER |
| § 200.403. APPROVAL OF CONVERSION |
| § 200.404. APPROVAL OF EXCHANGE |
| § 200.405. APPROVAL OF SALE OF ALL OR SUBSTANTIALLY ALL OF ASSETS |
| § 200.406. GENERAL PROCEDURE FOR SUBMISSION TO SHAREHOLDERS OF FUNDAMENTAL BUSINESS TRANSACTION |
| § 200.407. GENERAL VOTE REQUIREMENT FOR APPROVAL OF FUNDAMENTAL BUSINESS TRANSACTION |
| § 200.408. CLASS VOTING REQUIREMENTS FOR CERTAIN FUNDAMENTAL BUSINESS TRANSACTIONS |
| § 200.409. NO SHAREHOLDER VOTE REQUIREMENT FOR CERTAIN FUNDAMENTAL BUSINESS TRANSACTIONS |
| § 200.410. RIGHTS OF DISSENT AND APPRAISAL |
| Subchapter J. SUPPLEMENTAL WINDING UP AND TERMINATION PROVISIONS |
| § 200.451. APPROVAL OF VOLUNTARY WINDING UP |
| § 200.452. APPROVAL OF REINSTATEMENT, CANCELLATION, OR REVOCATION OF VOLUNTARY WINDING UP |
| § 200.453. RESPONSIBILITY FOR WINDING UP |
| Subchapter K. MISCELLANEOUS PROVISIONS |
| § 200.501. EXAMINATION OF RECORDS |
| § 200.502. JOINDER OF SHAREHOLDERS NOT REQUIRED |
| § 200.503. TAX LAW REQUIREMENTS |