SPLIT-UP OR DIVISION OF SHARES.

Tex. BUS. ORGS Code § 200.211.
in effect
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The trust managers of a real estate investment trust may authorize the real estate investment trust to carry out any split-up or division of the issued shares of a class of the real estate investment trust into a larger number of shares within the same class that does not increase the stated capital of the real estate investment trust because the split-up or division of issued shares is not a share dividend or a distribution. SUBCHAPTER F. SHAREHOLDERS' MEETINGS; VOTING AND QUORUM
Source: TX Statutes (Official Site)URL: https://statutes.capitol.texas.gov/Fetched: 6/28/2026

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