Statutes, codes, and regulations
Texas Codes
BUSINESS ORGANIZATIONS CODETitle 5 - REAL ESTATE INVESTMENT TRUSTSChapter 200 - REAL ESTATE INVESTMENT TRUSTS
Subchapter D - SHAREHOLDER RIGHTS AND RESTRICTIONS
Section 200.152 - No Statutory Preemptive Right Unless Specifically Provided By Certificate of Formation

Tex. Bus. Org. Code § 200.152

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Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 200.152 - No Statutory Preemptive Right Unless Specifically Provided By Certificate of Formation

A shareholder of a real estate investment trust does not have a preemptive right to acquire securities except to the extent specifically provided by the certificate of formation.

Tex. Bus. Org. Code § 200.152

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