Company: BLE
Filing Date: 2025-09-08
Form Type: DEF 14A
Source: 0001193125-25-198164
Chunk: 195

Company: BLACKROCK MUNICIPAL INCOME TRUST II
Filing Date: 2025-09-08
Form: DEF 14A
Chunk 195
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 a twelve-month period.                                                             |

Except with respect to a merger with a Principal Shareholder, which is subject to the requirements described above, BLE may merge or consolidate with any other corporation, association, trust or other organization or may sell, lease or exchange all or substantially all of BLE’s property, including its good will, upon such terms and conditions and for such consideration when and as authorized by two-thirds of BLE’sTrustees and approved by “a majority of the outstanding voting securities” (as defined in the 1940 Act) of BLE’s shareholders. If any plan of reorganization (as such term is used under the 1940 Act) adversely affects BLE’s outstanding preferred shares, including the VMTP Shares, then such plan of reorganization will require the approval of “a majority of the outstanding voting securities” (as defined in the 1940 Act) of the holders of such Preferred Stocks. To dissolve BLE, the Agreement and Declaration of Trust requires the approval of a resolution by a majority of the Board followed by the favorable vote of the holders of at least 75% of the outstanding shares of each class or series of BLE, voting separately as a class or series, unless such resolution has been approved by at least 80% of the Trustees, in which case “a majority of the outstanding voting Securities” (as defined in the 1940 Act) of BLE shall be required. For the purposes of calculating “a majority of the outstanding voting securities” under BLE’s Agreemnt and Declaration of Trust, each class and series of BLE shall vote together as a single class, except to the extent required by the 1940 Act or BLE’s Agreement and Declaration of Trust with respect to any class or series of shares. If a separate vote is required, the applicable proportion of shares of the class or series voting as a separate class or series, also will be required. The Board has determined that provisions with respect to the Board and the shareholder voting requirements described above, which voting requirements are greater than the minimum requirements under Delaware law or the 1940 Act, are in the best interests of shareholders generally. Reference should be made to the Agreement and Declaration of Trust on file with the SEC for the full text of these provisions. BLE’s Bylaws generally require that advance notice be given to BLE in the event a shareholder desires to nominate a person for election to the Board or to transact any other business at an annual meeting of shareholders. Notice of any such nomination or business must be delivered to or received at the principal