Texas Business Organizations Code - Section 200.057. Adoption Of Restated Certificate Of Formation
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§ 200.057. ADOPTION OF RESTATED CERTIFICATE OF
FORMATION. (a) A real estate investment trust may adopt a restated
certificate of formation as provided by Subchapter B, Chapter 3, by
following the same procedures to amend its certificate of formation
under Sections 200.053-200.056, except that shareholder approval
is not required if an amendment is not adopted.
(b) If shares of the real estate investment trust have not
been issued and the restated certificate of formation is adopted by
the trust managers, the majority of the trust managers may sign the
restated certificate of formation on behalf of the real estate
investment trust.
Acts 2003, 78th Leg., ch. 182, § 1, eff. Jan. 1, 2006.
Section: 200.006 200.051 200.052 200.053 200.054 200.055 200.056 200.057 200.058 200.059 200.060 200.101 200.102 200.103 200.104
Last modified: August 11, 2007
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