Md. Code, Corp. & Ass'ns § 8-207

Current with changes from the 2024 Legislative Session
Section 8-207 - Federal qualification by issuance of shares without consideration

Notwithstanding any other provision of the Maryland REIT Law, a real estate investment trust may issue shares of beneficial interest without consideration for the purpose of qualifying the real estate investment trust as a real estate investment trust under the Internal Revenue Code.

Md. Code, CA § 8-207