Texas Business Organizations Code 200.107 – Amount of Consideration for Issuance of Shares With Par Value
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Terms Used In Texas Business Organizations Code 200.107
- Real estate investment trust: means an entity governed as a real estate investment trust under Title 5. See Texas Business Organizations Code 1.002
Consideration to be received by a real estate investment trust for the issuance of shares with par value may not be less than the par value of the shares.