Maryland § 8-503
Full text of Maryland Maryland Code § 8-503, with citation guidance and answers to common questions.
§ 8-503.
(a) A real estate investment trust may file a certificate of notice for record with the Department.
(b) A certificate of notice may describe:
(1) An action by the real estate investment trust, its board of trustees, or its shareholders;
(2) The occurrence of or change to facts ascertainable outside of the declaration of trust, as defined in § 8–203(c) of this title; or
(3) Any other information that the real estate investment trust determines should be disclosed.
(c) A certificate of notice may not:
(1) Amend, supplement, or correct the declaration of trust of the real estate investment trust in any manner; or
(2) Affect any rights or liabilities of shareholders, whether or not accrued or incurred before the certificate of notice is filed.
(d) A certificate of notice is not a part of the declaration of trust of a real estate investment trust.
(e) A trustee of a real estate investment trust is not required to authorize or direct the filing of a certificate of notice.
(f) A real estate investment trust is not required to file a certificate of notice for any purpose, including to indicate that there has been a change to the facts or information contained in a previously filed certificate of notice.
(g) A certificate of notice shall be executed in the manner required for charter documents by § 1–301 of this article.
Frequently Asked Questions About Maryland § 8-503
What does Maryland Code § 8-503 cover?
Section 8-503 is part of the Maryland Code, the codified statutory law of Maryland. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Maryland § 8-503?
A common citation format is "Maryland Code § 8-503" (Maryland). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Maryland law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Maryland official source linked on this page or consult a licensed Maryland attorney.
How does Maryland § 8-503 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Maryland can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Maryland.