Texas § 200.105 TYPES OF CONSIDERATION FOR ISSUANCE OF SHARES.

Texas Statutes

§ 200.105 — TYPES OF CONSIDERATION FOR ISSUANCE OF SHARES.

Texas § 200.105

Code BOBusiness Organizations Code

This text of Texas § 200.105 (TYPES OF CONSIDERATION FOR ISSUANCE OF SHARES.) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Tex. Business Organizations Code Code Ann. § 200.105 (2026).

Text

Sec. 200.105. TYPES OF CONSIDERATION FOR ISSUANCE OF SHARES. Shares with or without par value may be issued by a real estate investment trust for the following types of consideration:

(1)a tangible or intangible benefit to the real estate investment trust;

(2)cash;

(3)a promissory note;

(4)services performed or a contract for services to be performed;

(5)a security of the real estate investment trust or any other organization; and

(6)any other property of any kind or nature.

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Sec. 200.105. TYPES OF CONSIDERATION FOR ISSUANCE OF SHARES. Shares with or without par value may be issued by a real estate investment trust for the following types of consideration:
(1) a tangible or intangible benefit to the real estate investment trust;
(2) cash;
(3) a promissory note;
(4) services performed or a contract for services to be performed;
(5) a security of the real estate investment trust or any other organization; and
(6) any other property of any kind or nature.