§ 8–503
Statutes in effect as of October 1, 2026.
Md. Code Ann., Corps. & Ass'ns § 8-503 (2026)
Title 8. Real Estate Investment Trusts
Subtitle 5. Amendments and Termination of Existence
§ 8–503LinkCopy Citation
(a)
A real estate investment trust may file a certificate of notice for record with the Department.
(b)
A certificate of notice may describe:
(1)
An action by the real estate investment trust, its board of trustees, or its shareholders;
(2)
The occurrence of or change to facts ascertainable outside of the declaration of trust, as defined in § 8–203(c) of this title; or
(3)
Any other information that the real estate investment trust determines should be disclosed.
(c)
A certificate of notice may not:
(1)
Amend, supplement, or correct the declaration of trust of the real estate investment trust in any manner; or
(2)
Affect any rights or liabilities of shareholders, whether or not accrued or incurred before the certificate of notice is filed.
(d)
A certificate of notice is not a part of the declaration of trust of a real estate investment trust.
(e)
A trustee of a real estate investment trust is not required to authorize or direct the filing of a certificate of notice.
(f)
A real estate investment trust is not required to file a certificate of notice for any purpose, including to indicate that there has been a change to the facts or information contained in a previously filed certificate of notice.
(g)
A certificate of notice shall be executed in the manner required for charter documents by § 1–301 of this article.