California Codes > Corporations Code > Title 3 > Part 4 – REAL ESTATE INVESTMENT TRUSTS
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Terms Used In California Codes > Corporations Code > Title 3 > Part 4 - REAL ESTATE INVESTMENT TRUSTS
- Real estate investment trust: as used in this part means any unincorporated association or trust formed to engage in business and managed by, or under the direction of, one or more trustees for the benefit of the holders or owners (hereinafter in this part "shareowners") of transferable shares of beneficial interest in the trust estate (hereinafter in this part "shares") and that meets one of the following two tests:
California Corporations Code 23000
- State: means the State of California, unless applied to the different parts of the United States. See California Education Code 77