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Texas Business Organizations Code

§ 200.154 — RESTRICTION ON TRANSFER OF SHARES AND OTHER SECURITIES

BO § 200.154Title 5. REAL ESTATE INVESTMENT TRUSTS · Ch. 200. REAL ESTATE INVESTMENT TRUSTS · Art. D. SHAREHOLDER RIGHTS AND RESTRICTIONS

Statute text

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(a)A restriction on the transfer or registration of transfer of a security may be imposed by:
(1)the real estate investment trust's certificate of formation;
(2)the real estate investment trust's bylaws;
(3)a written agreement among two or more holders of the securities; or
(4)a written agreement among one or more holders of the securities and the real estate investment trust if:
(A)the real estate investment trust files a copy of the agreement at the principal place of business or registered office of the real estate investment trust; and
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Legislative history

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

Source: Texas Business Organizations Code § 200.154 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.