Terms Used In Maryland Code, CORPORATIONS AND ASSOCIATIONS 8-402

  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
(a) Each declaration of trust and annual report filed with the Department is a matter of public record.

(b) (1) The Department may inspect the records of a real estate investment trust at any reasonable time.

(2) A shareholder has the same right to inspect the records of the real estate investment trust as has a stockholder in a corporation under Title 2 of this article.