Maryland § 8-706

Full text of Maryland Maryland Code § 8-706, with citation guidance and answers to common questions.

§ 8-706.

    (a)    The conversion of an other entity to a real estate investment trust shall be completed on the later of:

        (1)    The formation of the real estate investment trust in accordance with this title; or

        (2)    The effectiveness of articles of conversion filed for record with the Department.

    (b)    The conversion of a real estate investment trust to an other entity shall be completed on the effectiveness of articles of conversion filed for record with the Department.

    (c)    Articles of conversion are effective on the later of:

        (1)    The time the Department accepts the articles of conversion for record; or

        (2)    The future effective time of the articles of conversion as set forth in articles of conversion that have been accepted by the Department for record.

    (d)    (1)    (i)    Except as provided in subparagraph (ii) of this paragraph, at the time the conversion of an other entity to a real estate investment trust is completed:

                1.    The other entity shall be converted to a real estate investment trust;

                2.    The conversion shall have the effects set forth in § 8–704 of this subtitle; and

                3.    The real estate investment trust shall be subject to all of the provisions of the Maryland REIT Law.

            (ii)    The existence of the real estate investment trust shall be deemed to have commenced on the date the other entity commenced its existence in the place in which the other entity was first incorporated, created, formed, or otherwise came into being.

        (2)    At the time the conversion of a real estate investment trust to an other entity is completed, the conversion shall have the effects set forth in § 8–704 of this subtitle.

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Frequently Asked Questions About Maryland § 8-706

What does Maryland Code § 8-706 cover?

Section 8-706 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 § 8-706?

A common citation format is "Maryland Code § 8-706" (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 § 8-706 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.