§ 8-303. Voting trust

Latest version.

   One or more shareholders of a real estate investment trust may confer the right to vote or otherwise represent their shares to a trustee by:

   (1) Entering into a written voting trust agreement which specifies the terms and conditions of the voting trust;

   (2) Depositing an executed copy of the agreement with the real estate investment trust at its principal office; and

   (3) Transferring their shares for purposes of the agreement to a trustee.

HISTORY: 1997, ch. 723.

                    
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