Company: BLE
Filing Date: 2025-08-07
Form Type: PRE 14A
Source: 0001193125-25-175555
Chunk: 196

Company: BLACKROCK MUNICIPAL INCOME TRUST II
Filing Date: 2025-08-07
Form: PRE 14A
Chunk 196
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 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.

120

CONVERSION TO OPEN-ENDFUND

For the Acquiring Fund and MUE, each Fund’s Charter provides that a favorable vote of the holders of at least 66 2/3% of
the outstanding shares of capital stock entitled to be voted on the matter shall be required to convert the Fund to an open-end investment company, unless such action has previously been approved,
adopted or authorized by the affirmative vote of at least two-thirds of each Fund’s Board Members, in which case the affirmative vote of the holders of a majority of the outstanding shares of
capital stock of the Fund entitled to vote thereon shall be required.

For BLE, BYM and BFK, each Fund’s Agreement and Declaration of
Trust provides that a favorable vote of a majority of the Board followed by the favorable vote of the holders of at least 75% of the outstanding shares of each affected class or series of shares of the Fund, voting separately as a class or series to
approve, adopt or authorize an amendment to such Agreement and Declaration of Trust that makes the shares a “redeemable security” as the term is defined in the 1940 Act, unless such amendment has been approved by at least 80% of the
Trustees