Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 200.302 - Designation of Trust Managers(a) The certificate of formation of a real estate investment trust must contain the name of each trust manager.(b) A successor trust manager must be selected in accordance with the certificate of formation. The selection of a successor trust manager is considered an amendment to the certificate of formation of a real estate investment trust.Tex. Bus. Org. Code § 200.302
Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. 1/1/2006.