Tex. Business Organizations Code § 200.059

This is the official text of Tex. Business Organizations Code § 200.059, part of Texas’s Business Organizations Code — governs the formation and operation of corporations, LLCs, and partnerships.

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§ 200.059. DUAL AUTHORITY.

Official statutory text

Unless the certificate of formation or a bylaw adopted by the shareholders provides otherwise as to all or a part of a real estate investment trust's bylaws, the shareholders of a real estate investment trust may amend, repeal, or adopt the bylaws of the real estate investment trust even if the bylaws may also be amended, repealed, or adopted by the trust managers of the real estate investment trust.

Status: repealed · Read it on the official government site

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