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Texas Business Organizations Code - BUS ORG § 200.151. Registered Holders as Owners

Current as of January 01, 2024 | Updated by Findlaw Staff

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.

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Cite this article: FindLaw.com - Texas Business Organizations Code - BUS ORG § 200.151. Registered Holders as Owners - last updated January 01, 2024 | https://codes.findlaw.com/tx/business-organizations-code/bus-org-sect-200-151/

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