Maryland Code, CORPORATIONS AND ASSOCIATIONS 8-303
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Terms Used In Maryland Code, CORPORATIONS AND ASSOCIATIONS 8-303
- Trustee: A person or institution holding and administering property in trust.
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.