Welcome to FindLaw's Cases & Codes, a free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw's Learn About the Law.
(a) A real estate investment trust may adopt a restated certificate of formation as provided by Subchapter B, Chapter 3, 1 by following the same procedures to amend its certificate of formation under Sections 200.053-200.056, except that shareholder approval is not required if an amendment is not adopted.
(b) If shares of the real estate investment trust have not been issued and the restated certificate of formation is adopted by the trust managers, the majority of the trust managers may sign the restated certificate of formation on behalf of the real estate investment trust.
Cite this article: FindLaw.com - Texas Business Organizations Code - BUS ORG § 200.057. Adoption of Restated Certificate of Formation - last updated April 14, 2021 | https://codes.findlaw.com/tx/business-organizations-code/bus-org-sect-200-057/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
Was this helpful?