<?xml version='1.0' encoding='utf-8'?>
<section article="gca" article_name="Corporations and Associations" number="8-201" title_number="8" title_name="Real Estate Investment Trusts" subtitle_number="2" subtitle_name="Formation and Qualification">
  <text>A real estate investment trust:</text>
  <level label="1">
    <text>Is formed by filing a declaration of trust for record with the Department; and</text>
  </level>
  <level label="2">
    <text>May not do business in the State until it complies with this title.</text>
  </level>
</section>
