Sec. 200.005. SUPPLEMENTARY POWERS OF REAL ESTATE INVESTMENT TRUST. (a) Subject to Section 2.113 (a) and in addition to the powers specified in Section 2.101 , a real estate investment trust may engage in activities mandated or authorized by: (1) provisions of the Internal Revenue Code that are related to or govern real estate investment trusts; and (2) regulations adopted under the Internal Revenue Code. (b) This section does not authorize a real estate investment trust or an officer or trust manager of a real estate investment trust to exercise a power in a manner inconsistent with a limitation on the purposes or powers of the real estate investment trust contained in: (1) the trust's certificate of formation; (2) this code; or (3) another law of this state.
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