Md. Code, Corp. & Ass'ns § 8-303

Current with changes from the 2024 Legislative Session

Section 8-303 - Voting trust

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.

Md. Code, CA § 8-303