Tex. Bus. Org. Code § 200.153

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 200.153 - Characterization and Transfer of Shares and Other Securities

Except as otherwise provided by this code, the shares and other securities of a real estate investment trust are:

(1) personal property for all purposes; and

(2) transferable in accordance with Chapter 8, Business & Commerce Code.

Tex. Bus. Org. Code § 200.153

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