Section 8-501.3 - Articles of amendment and restatement. - Maryland Statutes

§ 8-501.3. Articles of amendment and restatement.
 

(a)  Approval.- A complete restatement of the declaration of trust may be submitted for approval in the manner required for an amendment of the declaration of trust to a meeting of the real estate investment trust's shareholders or trustees. 

(b)  Amendments.- If the restatement is submitted for approval in the manner required for an amendment to the declaration of trust, any amendments to the declaration of trust approved at the meeting may be included in the restatement. 

(c)  Contents.- Articles of amendment and restatement shall include the provisions required to be included in both articles of amendment and articles of restatement. 

(d)  Execution and filing.- Articles of amendment and restatement containing provisions required by § 2-609 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.]