Statute of Limitations On Certain Action Against Trust Managers

Tex. Business Organizations Code § 200.313, under Chapter 200.

Tex. Business Organizations Code § 200.313

Sec. 200.313. STATUTE OF LIMITATIONS ON CERTAIN ACTION AGAINST TRUST MANAGERS. An action may not be brought against a trust manager of a real estate investment trust under Section 200.312 after the second anniversary of the date the alleged act giving rise to the liability occurred. Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.