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Tex. Business Organizations Code § 200.109

LIABILITY OF ASSIGNEE OR TRANSFEREE

Texas · Texas Business Organizations Code · Status: effective

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Tex. Business Organizations Code § 200.109, LIABILITY OF ASSIGNEE OR TRANSFEREE, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/584231
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An assignee or transferee of certificated shares, uncertificated shares, or a subscription for shares in good faith and without knowledge that full consideration for the shares or subscription has not been paid may not be held personally liable to the real estate investment trust or a creditor of the real estate investment trust for an unpaid portion of the consideration.