Section 8-501 – Amendment of Declaration

    (a)    Except as provided in § 8–202(c) or § 8–203(a)(8) of this title, a declaration of trust may be amended only as provided in this section.     (b)    The board of trustees of a real estate investment trust proposing an amendment to its declaration of trust shall:         (1)    Adopt a resolution which sets forth the proposed amendment and declares […]

Section 8-501.1 – Merger

    (a)    (1)    In this section the following words have the meanings indicated.         (2)    “Domestic limited liability company” means a limited liability company formed under the laws of the State.         (3)    “Domestic limited partnership” means a partnership formed by 2 or more persons under the laws of the State and having one or more general partners and one or more […]

Section 8-501.2 – Restatement of Declaration of Trust

    (a)    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 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 […]

Section 8-501.3 – Articles of Amendment and Restatement

    (a)    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)    If the restatement is submitted for approval in the manner required for an amendment to the declaration of […]

Section 8-502 – Termination of Existence

    (a)    A real estate investment trust may terminate its existence by voluntary dissolution. The Department shall be notified of the effective date of the dissolution.     (b)    A real estate investment trust may curtail or cease its trust activities by partially or completely distributing its assets.     (c)    (1)    The Attorney General may institute proceedings to dissolve a real estate investment […]

Section 8-503 – Certificate of Notice

    (a)    A real estate investment trust may file a certificate of notice for record with the Department.     (b)    A certificate of notice may describe:         (1)    An action by the real estate investment trust, its board of trustees, or its shareholders;         (2)    The occurrence of or change to facts ascertainable outside of the declaration of trust, as defined in § […]