Gavvy: Bus. Orgs. Code, Sec. 200.159. Liability for Designating Owner of Shares.

Add your company name, a link, and a message to this page.

Sec. 200.159. Liability for Designating Owner of Shares.

Sec. 200.159. LIABILITY FOR DESIGNATING OWNER OF SHARES. A real estate investment trust or an officer, trust manager, employee, or agent of the real estate investment trust may not be held liable for considering a person to be the owner of a share for a purpose described by Section 200.151, regardless of whether the person possesses a certificate for those shares.

Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.

Gavvy last updated this database on: Sep 6, 2024