Section 8-207 - Federal qualification by issuance of shares without consideration. - Maryland Statutes

§ 8-207. Federal qualification by issuance of shares without consideration.
 

Notwithstanding any other provision of the Maryland REIT Law, a real estate investment trust may issue shares of beneficial interest without consideration for the purpose of qualifying the real estate investment trust as a real estate investment trust under the Internal Revenue Code. 
 

[2000, ch. 642; 2005, ch. 586.]