Tex. Bus. Org. Code § 200.205
Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
The trust managers of a real estate investment trust may authorize a share dividend, and the real estate investment trust may pay a share dividend subject to Section 200.206 and any restriction in the certificate of formation.
Tex. Bus. Org. Code § 200.205