Texas Statutes

§ 200.211 — SPLIT-UP OR DIVISION OF SHARES.

Texas § 200.211
JurisdictionTexas
Code BOBusiness Organizations Code

This text of Texas § 200.211 (SPLIT-UP OR DIVISION 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. § 200.211 (2026).

Text

Sec. 200.211. SPLIT-UP OR DIVISION OF SHARES. The trust managers of a real estate investment trust may authorize the real estate investment trust to carry out any split-up or division of the issued shares of a class of the real estate investment trust into a larger number of shares within the same class that does not increase the stated capital of the real estate investment trust because the split-up or division of issued shares is not a share dividend or a distribution. SUBCHAPTER F. SHAREHOLDERS' MEETINGS; VOTING AND QUORUM

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Legislative History

Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.

Nearby Sections

15
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Bluebook (online)
Texas § 200.211, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/BO/200.211.