Tex. Business Organizations Code § 200.163
EXCEPTIONS TO LIMITATIONS
Texas · Texas Business Organizations Code · Status: effective
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- Tex. Business Organizations Code § 200.163, EXCEPTIONS TO LIMITATIONS, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/584249
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Full text
Section 200.161 or 200.162 does not limit the obligation of a holder, beneficial owner, or subscriber to the obligee of the real estate investment trust if that person:
(1) expressly assumes, guarantees, or agrees to be personally liable to the obligee for the obligation; or
(2) is otherwise liable to the obligee for the obligation under this code or other applicable statute.