AUTHORITY FOR SHARE DIVIDENDS.

Tex. BUS. ORGS Code § 200.205.
in effect
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The trust managers of a real estate investment trust may authorize a share dividend, and the real estate investment trust may pay a share dividend subject to Section 200.206 and any restriction in the certificate of formation.
Source: TX Statutes (Official Site)URL: https://statutes.capitol.texas.gov/Fetched: 6/28/2026

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