Adoption of Amendment By Shareholders

Tex. Business Organizations Code § 200.055, under Chapter 200.

Tex. Business Organizations Code § 200.055

Sec. 200.055. ADOPTION OF AMENDMENT BY SHAREHOLDERS. If a real estate investment trust has issued and outstanding shares: (1) a resolution described by Section 200.053 must also direct that the proposed amendment be submitted to a vote of the shareholders at a meeting; and (2) the shareholders must approve the proposed amendment in the manner provided by Section 200.056. Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.