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<section article="gca" article_name="Corporations and Associations" number="8-503" title_number="8" title_name="Real Estate Investment Trusts" subtitle_number="5" subtitle_name="Amendments and Termination of Existence">
  <level label="a">
    <text>A real estate investment trust may file a certificate of notice for record with the Department.</text>
  </level>
  <level label="b">
    <text>A certificate of notice may describe:</text>
    <level label="1">
      <text>An action by the real estate investment trust, its board of trustees, or its shareholders;</text>
    </level>
    <level label="2">
      <text>The occurrence of or change to facts ascertainable outside of the declaration of trust, as defined in § 8–203(c) of this title; or</text>
    </level>
    <level label="3">
      <text>Any other information that the real estate investment trust determines should be disclosed.</text>
    </level>
  </level>
  <level label="c">
    <text>A certificate of notice may not:</text>
    <level label="1">
      <text>Amend, supplement, or correct the declaration of trust of the real estate investment trust in any manner; or</text>
    </level>
    <level label="2">
      <text>Affect any rights or liabilities of shareholders, whether or not accrued or incurred before the certificate of notice is filed.</text>
    </level>
  </level>
  <level label="d">
    <text>A certificate of notice is not a part of the declaration of trust of a real estate investment trust.</text>
  </level>
  <level label="e">
    <text>A trustee of a real estate investment trust is not required to authorize or direct the filing of a certificate of notice.</text>
  </level>
  <level label="f">
    <text>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.</text>
  </level>
  <level label="g">
    <text>A certificate of notice shall be executed in the manner required for charter documents by § 1–301 of this article.</text>
  </level>
</section>
