<?xml version='1.0' encoding='utf-8'?>
<section article="gca" article_name="Corporations and Associations" number="8-403" title_number="8" title_name="Real Estate Investment Trusts" subtitle_number="4" subtitle_name="Annual Report; Inspection of Records; Fees">
  <level label="a">
    <text>A real estate investment trust shall pay the fees required under §§ 1-203 and 1-204 of this article.</text>
  </level>
  <level label="b">
    <text>To compute fees under this section, a real estate investment trust shall treat certificates of beneficial interest as if they were shares of stock in a corporation.</text>
  </level>
</section>
