Company: BLE
Filing Date: 2025-09-08
Form Type: DEF 14A
Source: 0001193125-25-198164
Chunk: 203

Company: BLACKROCK MUNICIPAL INCOME TRUST II
Filing Date: 2025-09-08
Form: DEF 14A
Chunk 203
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 of the unexpired term and until his or her successor is elected and qualified. A board of directors may implement all or any of these provisions without stockholder approval. A corporation may be prohibited by its charter or by resolution of its board of directors from electing any of the provisions of the statute. MUE is not prohibited from implementing any or all of the statute and, pursuant to MUE’s Bylaws and charter, MUE has elected to be subject to such provisions of the statute such that MUE’s Board is classified and all vacancies on the Board resulting from an increase in the size of the Board or the death, resignation or removal of a Director, may be filled only by the affirmative vote of a majority of the remaining Directors, even if the remaining Directors do not constitute a quorum. That election does not limit the power of MUE to confer on the holders of a class or series of Preferred Stock the right to elect one or more Directors pursuant to a provision in its charter. 117

GOVERNING LAW

BLE was formed as a statutory trust under the laws of the State of Delaware on June 21, 2002, and the Trust commenced operations on
July 30, 2002.

BYM was formed as a statutory trust under the laws of the State of Delaware on August 19, 2002, and the Fund
commenced operations on October 31, 2002.

BFK was formed as a statutory trust under the laws of the State of Delaware on
March 30, 2001, and the Fund commenced operations on July 31, 2001.

MUE was incorporated as a Maryland corporation governed by
the laws of the State of Maryland on December 28, 1998 and commenced operations on February 26, 1999.

The Acquiring Fund was
incorporated as a Maryland corporation governed by the laws of the State of Maryland on February 27, 1997, and commenced operations on May 2, 1997.

Under Maryland law, shareholders of a Maryland corporation are not obligated for the corporation’s acts or obligations, except that a
shareholder may be liable to the extent that (i) the shareholder knowingly accepted a distribution in violation of such Maryland corporation’s charter or the Maryland General Corporation Law or (ii) the subscription price or other
agreed upon consideration for stock subscribed for has not been paid.

118

CONVERSION TO OPEN-ENDFUND

For the Acquiring Fund and MUE, each Fund’s Charter provides