SoftVest, L.P., Horizon Kinetics LLC, and ART-FGT Family Partners Issue Open Letter to Trustees of Texas Pacific Land Trust
As established here over the weekend, sharing this list appears to be common practice.
Strong call for C Corp conversion below.
Ultimately, and more importantly, your counsel’s letter makes clear in a very concrete and vivid manner the point we have been making all along: TPL must immediately convert into a corporation, as permitted under its declaration of trust. If TPL were a we would not be having this surreal exchange regarding the NOBO list, as law makes clear that corporations not only have the right to provide a NOBO list to investors, but they have a legal obligation to their shareholders to do so.