Sec. 200.263. NUMBER OF VOTES PER SHARE. (a) Except as provided by the certificate of formation of a real estate investment trust or this title or Title 1, each outstanding share, regardless of class, is entitled to one vote on each matter submitted to a vote at a shareholders' meeting.
(b) If the certificate of formation provides for more or less than one vote per share on a matter for all of the outstanding shares or for the shares of a class or series, each reference in this code or in the certificate of formation or bylaws, unless expressly stated otherwise, to a specified portion of the shares with respect to that matter refers to the portion of the votes entitled to be cast with respect to those shares under the certificate of formation.
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 F. Shareholders' Meetings; Voting and Quorum
Section 200.251. Annual Meeting
Section 200.252. Special Meetings
Section 200.253. Notice of Meeting
Section 200.254. Closing of Share Transfer Records
Section 200.255. Record Date for Written Consent to Action
Section 200.256. Record Date for Purpose Other Than Written Consent to Action
Section 200.258. Voting in Election of Trust Managers
Section 200.259. Cumulative Voting in Election of Trust Managers
Section 200.260. Voting on Matters Other Than Election of Trust Managers
Section 200.261. Vote Required to Approve Fundamental Action
Section 200.262. Changes in Vote Required for Certain Matters
Section 200.263. Number of Votes per Share
Section 200.264. Voting in Person or by Proxy
Section 200.265. Term of Proxy
Section 200.266. Revocability of Proxy