Sec. 200.151. REGISTERED HOLDERS AS OWNERS. Except as otherwise provided by this code and subject to Chapter 8, Business & Commerce Code, a real estate investment trust may consider the person registered as the owner of a share in the share transfer records of the real estate investment trust at a particular time, including a record date set under Section 6.102, as the owner of that share at that time for purposes of:
(1) voting the share;
(2) receiving distributions on the share;
(3) transferring the share;
(4) receiving notice, exercising rights of dissent and appraisal, exercising or waiving a preemptive right, or giving proxies with respect to that share; or
(5) entering into agreements with respect to that share in accordance with Section 6.251 or 6.252 or with this subchapter.
Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.
Structure Texas Statutes
Title 5 - Real Estate Investment Trusts
Chapter 200 - Real Estate Investment Trusts
Subchapter D. Shareholder Rights and Restrictions
Section 200.151. Registered Holders as Owners
Section 200.153. Characterization and Transfer of Shares and Other Securities
Section 200.154. Restriction on Transfer of Shares and Other Securities
Section 200.155. Valid Restriction on Transfer
Section 200.156. Bylaw or Agreement Restricting Transfer of Shares or Other Securities
Section 200.157. Enforceability of Restriction on Transfer of Certain Securities
Section 200.158. Joint Ownership of Shares
Section 200.159. Liability for Designating Owner of Shares
Section 200.160. Liability Regarding Joint Ownership of Shares
Section 200.161. Limitation of Liability for Obligations
Section 200.162. Preemption of Liability