Tex. Business Organizations Code § 200.162
PREEMPTION OF LIABILITY
Texas · Texas Business Organizations Code · Status: effective
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- Citation
- Tex. Business Organizations Code § 200.162, PREEMPTION OF LIABILITY, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/584248
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Full text
The liability of a holder, beneficial owner, or subscriber of shares of a real estate investment trust for an obligation that is limited by Section 200.161 is exclusive and preempts any other liability imposed for that obligation under common law or otherwise.