Texas Business Organizations Code

§ 200.261 — VOTE REQUIRED TO APPROVE FUNDAMENTAL ACTION

BO § 200.261Title 5. REAL ESTATE INVESTMENT TRUSTS · Ch. 200. REAL ESTATE INVESTMENT TRUSTS · Art. F. SHAREHOLDERS' MEETINGS; VOTING AND QUORUM

Statute text

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(a)In this section, a "fundamental action" means:

(1)an amendment of a certificate of formation, including an amendment required for cancellation of an event requiring winding up in accordance with Section 11.152(b);

(2)a voluntary winding up under Chapter 11;

(3)a revocation of a voluntary decision to wind up under Section 11.151;

(4)a cancellation of an event requiring winding up under Section 11.152(a); or

(5)a reinstatement under Section 11.202.

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Legislative history

Acts 2007, 80th Leg., R.S., Ch. 688 (H.B. 1737), Sec. 132, eff. September 1, 2007.