§ 8-501.2. Restatement of declaration of trust

Latest version.

   (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.

HISTORY: 1997, ch. 717.

                    
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