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Texas Business Organizations Code

§ 200.055 — ADOPTION OF AMENDMENT BY SHAREHOLDERS

BO § 200.055Title 5. REAL ESTATE INVESTMENT TRUSTS · Ch. 200. REAL ESTATE INVESTMENT TRUSTS · Art. B. FORMATION AND GOVERNING DOCUMENTS

Statute text

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If a real estate investment trust has issued and outstanding shares:
(1)a resolution described by Section 200.053 must also direct that the proposed amendment be submitted to a vote of the shareholders at a meeting; and
(2)the shareholders must approve the proposed amendment in the manner provided by Section 200.056.

Legislative history

Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.

Source: Texas Business Organizations Code § 200.055 from the Texas Constitution and Statutes (Texas Legislature) (public record). DecisionDepot is for informational use only and is not legal advice — verify against the official source before relying on this text.