Business Organizations Code § 200.314
A trust manager of a real estate investment trust is generally protected from liability for losses or damages tied to performing trust duties, except for wilful misfeasance, wilful malfeasance, or gross negligence.
- Jurisdiction
- United States — Texas
- Instrument
- Code
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- Undated source snapshot
- Language
- en
- Official source
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liability immunity trust management
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Business Organizations Code § 200.314
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