Texas § 200.351 INVESTMENTS.

Texas Statutes

§ 200.351 — INVESTMENTS.

Texas § 200.351

Code BOBusiness Organizations Code

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Bluebook

Tex. Business Organizations Code Code Ann. § 200.351 (2026).

Text

Sec. 200.351. INVESTMENTS. A trust manager or officer of a real estate investment trust has complete discretion with respect to the investment of the trust estate unless the investment is contrary to or inconsistent with:

(1)this chapter;

(2)a provision of the Internal Revenue Code relating to or governing real estate investment trusts; or

(3)regulations adopted under a provision of the Internal Revenue Code relating to or governing real estate investment trusts. SUBCHAPTER I. FUNDAMENTAL BUSINESS TRANSACTIONS

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Sec. 200.351. INVESTMENTS. A trust manager or officer of a real estate investment trust has complete discretion with respect to the investment of the trust estate unless the investment is contrary to or inconsistent with:
(1) this chapter;
(2) a provision of the Internal Revenue Code relating to or governing real estate investment trusts; or
(3) regulations adopted under a provision of the Internal Revenue Code relating to or governing real estate investment trusts.
SUBCHAPTER I. FUNDAMENTAL BUSINESS TRANSACTIONS