§ 8-303. Voting trust

MD Corp & Assn Code § 8-303 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

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.