yourstate.us
Home / Texas / Business Organizations Code
Tex. Business Organizations Code § 200.306

TERM OF TRUST MANAGER

Texas · Texas Business Organizations Code · Status: effective

Get this as JSONEmbed this
Cite this
Citation
Tex. Business Organizations Code § 200.306, TERM OF TRUST MANAGER, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/584288
Permanent ID
ys:prov:584288@1
SHA-256
5fb29933a45766ac0d0890815fdb89ae09106629ae8f6d7074e5bbd25955a1d1

The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.

Full text

(a) Except as provided by the certificate of formation or bylaws of a real estate investment trust, a trust manager of the real estate investment trust serves until the trust manager's successor is elected. (b) A trust manager may succeed himself or herself in office. (c) If a successor trust manager is not elected, the trust manager in office continues to serve as trust manager until the trust manager's successor is elected.