Terms Used In Maryland Code, CORPORATIONS AND ASSOCIATIONS 8-403

  • 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) A real estate investment trust shall pay the fees required under §§ 1-203 and 1-204 of this article.

(b) To compute fees under this section, a real estate investment trust shall treat certificates of beneficial interest as if they were shares of stock in a corporation.