Sec. 200.053. PROCEDURES TO ADOPT AMENDMENT TO CERTIFICATE OF FORMATION. (a) To adopt an amendment to the certificate of formation of a real estate investment trust as provided by Subchapter B, Chapter 3, the trust managers shall:
(1) adopt a resolution stating the proposed amendment; and
(2) follow the procedures prescribed by Sections 200.054-200.056.
(b) The resolution may incorporate the proposed amendment in a restated certificate of formation that complies with Section 3.059.
Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.
Section: Previous 200.002 200.003 200.004 200.005 200.006 200.051 200.052 200.053 200.054 200.055 200.056 200.057 200.058 200.059 200.060 NextLast modified: September 28, 2016