Section 8-501.2 - Restatement of declaration of trust. - Maryland Statutes

§ 8-501.2. Restatement of declaration of trust.
 

(a)  General rule.- If authorized by a majority of the entire board of trustees, a real estate investment trust may restate its declaration of trust as provided in this section. 

(b)  Articles of restatement.- Articles of restatement containing provisions required by § 2-608 of this article and such other provisions as may be permitted by that section shall be: 

(1) Executed for each party to the articles in the manner required by Title 1 of this article; and 

(2) Filed for record with the Department. 
 

[1997, ch. 717.]