Tex. Business Organizations Code § 200.160
LIABILITY REGARDING JOINT OWNERSHIP OF SHARES
Texas · Texas Business Organizations Code · Status: effective
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- Citation
- Tex. Business Organizations Code § 200.160, LIABILITY REGARDING JOINT OWNERSHIP OF SHARES, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/584246
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Full text
A real estate investment trust that transfers shares or makes a distribution to a surviving joint owner under Section 200.158 before the real estate investment trust has received a written claim for the shares or distribution from another person is discharged from liability for the transfer or payment.