Business Organizations Code § 200.203
A real estate investment trust’s debt tied to a distribution ranks at parity with its general unsecured creditors, unless an agreement makes it subordinate or secured.
- Jurisdiction
- United States — Texas
- Instrument
- Code
- Version
- Undated source snapshot
- Language
- en
- Official source
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debt priority priority of distributions
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Business Organizations Code § 200.203
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