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§ 8-101. Definitions

West's Annotated Code of MarylandCorporations and AssociationsEffective: June 1, 2010

West's Annotated Code of Maryland
Corporations and Associations
Title 8. Real Estate Investment Trusts (Refs & Annos)
Subtitle 1. Definitions; General Provisions
Effective: June 1, 2010
MD Code, Corporations and Associations, § 8-101
§ 8-101. Definitions
(a) In this title the following words have the meanings indicated.
(b) “Declaration of trust” means the declaration of trust filed with the Department for the purpose of forming a real estate investment trust, as specified in § 8-202 of this title, either as originally accepted for record or as amended, corrected, or supplemented by articles of amendment, articles of amendment and restatement, articles supplementary, articles of merger, or a certificate of correction.
(c) “Real estate investment trust” means an unincorporated business trust or association formed under this title in which property is acquired, held, managed, administered, controlled, invested, or disposed of for the benefit and profit of any person who may become a shareholder.
(d) “Share” means a transferable unit of beneficial interest in a real estate investment trust.

Credits

Acts 1975, c. 311, § 2; Acts 1994, c. 596, § 1, eff. Oct. 1, 1994. Amended by Acts 2008, c. 418, § 1, eff. June 1, 2008; Acts 2008, c. 419, § 1, eff. June 1, 2008; Acts 2010, c. 79, § 1, eff. June 1, 2010; Acts 2010, c. 80, § 1, eff. June 1, 2010.
Formerly Art. 78C, § 2.
MD Code, Corporations and Associations, § 8-101, MD CORP & ASSNS § 8-101
Current through legislation effective July 1, 2017, from the 2017 Regular Session of the General Assembly
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