Tex. Bus. Org. Code § 200.301
Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
The control, operation, disposition, investment, and management of the trust estate and the powers necessary or appropriate to effect any purpose for which a real estate investment trust is organized are vested in one or more trust managers.
Tex. Bus. Org. Code § 200.301