Tex. Bus. Orgs. Code § 200.153

CHARACTERIZATION AND TRANSFER OF SHARES AND OTHER SECURITIES

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

Except as otherwise provided by this code, the shares and other securities of a real estate investment trust are:

(1) personal property for all purposes; and

(2) transferable in accordance with Chapter 8, Business & Commerce Code.

Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.