reglab/housing_qa huggingface dataset:
MD. Corporations and Associations Code Ann. §  8-503 (2021)
2021 Maryland Statutes|Corporations and Associations|Title 8 - Real Estate Investment Trusts|Subtitle 5 - Amendments and Termination of Existence|Section 8-503 - Certificate of Notice

    (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.
MD. Corporations and Associations Code Ann. §  8-601 (2021)
2021 Maryland Statutes|Corporations and Associations|Title 8 - Real Estate Investment Trusts|Subtitle 6 - Liabilities, Service of Process, and Miscellaneous Provisions|Section 8-601 - Liabilities of Trust, Shareholders, and Trustees

    (a)    The liability of a real estate investment trust extends to as much of the trust estate, including the whole, as necessary to discharge the liability.    (b)    A shareholder or trustee of a real estate investment trust shall have the immunity from liability described under § 5-419 of the Courts and Judicial Proceedings Article.
MD. Corporations and Associations Code Ann. §  8-601.1 (2021)
2021 Maryland Statutes|Corporations and Associations|Title 8 - Real Estate Investment Trusts|Subtitle 6 - Liabilities, Service of Process, and Miscellaneous Provisions|Section 8-601.1 - Applicability of Certain Title 2 Provisions

    Sections 2–113, 2–201(c), 2–309(a) and (e), 2–313, 2–502(e), and 2–504(f) of this article and, except as otherwise provided in § 8–601 of this subtitle or in the declaration of trust, § 2–405.1 of this article shall apply to real estate investment trusts.
MD. Corporations and Associations Code Ann. §  8-602 (2021)
2021 Maryland Statutes|Corporations and Associations|Title 8 - Real Estate Investment Trusts|Subtitle 6 - Liabilities, Service of Process, and Miscellaneous Provisions|Section 8-602 - Service of Process

    In an action against a real estate investment trust doing business in the State, process shall be served on any officer or resident agent of the real estate investment trust.
MD. Corporations and Associations Code Ann. §  8-701 (2021)
2021 Maryland Statutes|Corporations and Associations|Title 8 - Real Estate Investment Trusts|Subtitle 7 - Conversions of Real Estate Investment Trusts|Section 8-701 - General Rule

    (a)    In this subtitle, “other entity” means:        (1)    A Maryland corporation incorporated under Title 2 of this article;        (2)    A foreign corporation, as defined in § 1–101 of this article;        (3)    A domestic limited liability company, as defined in § 4A–101 of this article;        (4)    A foreign limited liability company, as defined in § 4A–101 of this article;        (5)    A partnership, as defined in § 9A–101 of this article;        (6)    A limited partnership, as defined in § 10–101 of this article, including a limited partnership registered as a limited liability limited partnership under § 10–805 of this article;        (7)    A foreign limited partnership, as defined in § 10–101 of this article;        (8)    A business trust, as defined in § 1–101 of this article, excluding a real estate investment trust; or        (9)    Another form of unincorporated business formed under the laws of this State or the laws of the United States, another state of the United States, a territory, possession or district of the United States, or a foreign country.    (b)    Unless the declaration of trust provides otherwise, a real estate investment trust may convert to an other entity by:        (1)    Approving the conversion in accordance with § 8–702 of this subtitle; and        (2)    Filing for record with the Department articles of conversion executed in the manner required by Title 1 of this article.    (c)    An other entity may convert to a real estate investment trust by complying with §�8–702 of this subtitle and filing for record with the Department:        (1)    Articles of conversion executed in the manner required by Title 1 of this article; and        (2)    A declaration of trust, which shall include the name of the converting other entity, executed in the manner required by § 8–202 of this title and otherwise complying with this title.
MD. Corporations and Associations Code Ann. §  8-702 (2021)
2021 Maryland Statutes|Corporations and Associations|Title 8 - Real Estate Investment Trusts|Subtitle 7 - Conversions of Real Estate Investment Trusts|Section 8-702 - Approval and Objections

    (a)    A conversion of a real estate investment trust to an other entity shall be approved in the manner provided by this section and in accordance with any additional requirements set forth in the real estate investment trust’s declaration of trust.    (b)    A conversion of a real estate investment trust need be approved only by a majority of the board of trustees if no shares of beneficial interest are outstanding or subscribed for.    (c)    The board of trustees of a real estate investment trust that proposes to convert to an other entity shall:        (1)    Adopt a resolution declaring that the proposed conversion is advisable on substantially the terms and conditions set forth or referred to in the resolution; and        (2)    Direct that the proposed conversion be submitted for consideration at an annual or a special meeting of the shareholders.    (d)    Notice stating that a purpose of the meeting will be to act on the proposed conversion shall be given by the real estate investment trust in the manner provided for corporations by Title 2 of this article to:        (1)    Each of its shareholders entitled to vote on the proposed transaction; and        (2)    Each of its shareholders not entitled to vote on the proposed transaction.    (e)    The proposed conversion shall be approved by the shareholders of the real estate investment trust by the affirmative vote of two–thirds of all the votes entitled to be cast on the matter.    (f)    A conversion of an other entity to a real estate investment trust shall be approved in the manner and by the vote required by its governing document and the laws of the place where it is incorporated or organized.    (g)    Each shareholder of a real estate investment trust objecting to a conversion of the real estate investment trust shall have the same rights as an objecting stockholder of a Maryland corporation under Title 3, Subtitle 2 of this article and under the same procedures.
MD. Corporations and Associations Code Ann. §  8-705 (2021)
2021 Maryland Statutes|Corporations and Associations|Title 8 - Real Estate Investment Trusts|Subtitle 7 - Conversions of Real Estate Investment Trusts|Section 8-705 - Exchange or Conversion of Interests or Stock

    (a)    In a conversion of an other entity to a real estate investment trust, the stock, membership interests, partnership interests, beneficial interests, or other ownership interests of the other entity may be exchanged for or converted into any one or more of the following:        (1)    Shares of beneficial interest of the real estate investment trust or stock, evidence of indebtedness, membership interests, partnership interests, beneficial interests, or other ownership interests of any other real estate investment trust or other entity, whether or not party to the conversion;        (2)    Other tangible or intangible property;        (3)    Money; and        (4)    Any other consideration.    (b)    In a conversion of a real estate investment trust to an other entity, shares of beneficial interest of the real estate investment trust may be exchanged for or converted into any one or more of the following:        (1)    Stock, evidence of indebtedness, membership interests, partnership interests, beneficial interests, or other ownership interests of the other entity to which the real estate investment trust is converted or of any other real estate investment trust or other entity, whether or not party to the conversion;        (2)    Other tangible or intangible property;        (3)    Money; and        (4)    Any other consideration.
MD. Corporations and Associations Code Ann. §  8-706 (2021)
2021 Maryland Statutes|Corporations and Associations|Title 8 - Real Estate Investment Trusts|Subtitle 7 - Conversions of Real Estate Investment Trusts|Section 8-706 - Completion of Conversion

    (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.
MD. Corporations and Associations Code Ann. §  8-707 (2021)
2021 Maryland Statutes|Corporations and Associations|Title 8 - Real Estate Investment Trusts|Subtitle 7 - Conversions of Real Estate Investment Trusts|Section 8-707 - Abandonment of Proposed Conversion

    (a)    Unless the declaration of trust of the real estate investment trust or articles of conversion provide otherwise, the proposed conversion of a real estate investment trust to an other entity may be abandoned before the effective date of the articles of conversion by majority vote of the entire board of trustees of the real estate investment trust party to the articles of conversion.    (b)    Unless the articles of conversion provide otherwise, the proposed conversion of an other entity to a real estate investment trust may be abandoned in the manner and by the vote required by the governing document of the other entity and the laws of the place in which it is incorporated or organized or, if no manner and vote is specified, in the manner and by the vote required to approve the conversion under § 8–702 of this subtitle.    (c)    If the articles of conversion have been filed with the Department, notice of the abandonment shall be given promptly to the Department.    (d)    (1)    If the proposed conversion is abandoned as provided in this section, no legal liability arises under the articles of conversion.        (2)    Abandonment of a conversion under this section does not prejudice the rights of any person under any other contract made by a real estate investment trust in connection with the proposed conversion.
MD. Corporations and Associations Code Ann. §  8-801 (2021)
2021 Maryland Statutes|Corporations and Associations|Title 8 - Real Estate Investment Trusts|Subtitle 8 - Penalties|Section 8-801 - Penalties

    The trustees of a real estate investment trust which does business in the State without filing its declaration of trust with the Department as required by § 8–202 of this title are each subject to a fine not exceeding $1,000, payable to the Department.
MD. Corporations and Associations Code Ann. §  8-901 (2021)
2021 Maryland Statutes|Corporations and Associations|Title 8 - Real Estate Investment Trusts|Subtitle 9 - Short Title|Section 8-901 - Short Title

    This title may be cited as the Maryland REIT Law.
MD. Corporations and Associations Code Ann. §  9A-102 (2021)
2021 Maryland Statutes|Corporations and Associations|Title 9A - Maryland Revised Uniform Partnership Act|Subtitle 1 - General Provisions|Section 9A-102 - Knowledge and Notice

    (a)    A person knows a fact if the person has actual knowledge of it.    (b)    A person has notice of a fact if the person:        (1)    Knows of it;        (2)    Has received a notification of it; or        (3)    Has reason to know it exists from all of the facts known to the person at the time in question.    (c)    A person notifies or gives a notification to another by taking steps reasonably required to inform the other person in ordinary course, whether or not the other person learns of it.    (d)    A person receives a notification when the notification:        (1)    Comes to the person’s attention; or        (2)    Is duly delivered at the person’s place of business or at any other place held out by the person as a place for receiving communications.    (e)    Except as otherwise provided in subsection (f) of this section, a person other than an individual knows, has notice, or receives a notification of a fact for purposes of a particular transaction when the individual conducting the transaction knows, has notice, or receives a notification of the fact, or in any event when the fact would have been brought to the individual’s attention if the person had exercised reasonable diligence. The person exercises reasonable diligence if it maintains reasonable routines for communicating significant information to the individual conducting the transaction and there is reasonable compliance with the routines. Reasonable diligence does not require an individual acting for the person to communicate information unless the communication is part of the individual’s regular duties or the individual has reason to know of the transaction and that the transaction would be materially affected by the information.    (f)    A partner’s knowledge, notice, or receipt of a notification of a fact relating to the partnership is effective immediately as knowledge by, notice to, or receipt of a notification by the partnership, except in the case of a fraud on the partnership committed by or with the consent of that partner.
MD. Corporations and Associations Code Ann. §  9A-103 (2021)
2021 Maryland Statutes|Corporations and Associations|Title 9A - Maryland Revised Uniform Partnership Act|Subtitle 1 - General Provisions|Section 9A-103 - Effect of Partnership Agreement; Nonwaivable Provisions

    (a)    Except as otherwise provided in subsection (b) of this section, relations among the partners and between the partners and the partnership are governed by the partnership agreement. To the extent the partnership agreement does not otherwise provide, this title governs relations among the partners and between the partners and the partnership.    (b)    The partnership agreement may not:        (1)    Vary the rights and duties under § 9A–105 of this subtitle except to eliminate the duty to provide copies of statements to all of the partners;        (2)    Unreasonably restrict the right of access to books and records under § 9A–403(b) of this title;        (3)    Eliminate the duty of loyalty under § 9A–404(b) or § 9A–603(b)(3) of this title, but:            (i)    The partnership agreement may identify specific types or categories of activities that do not violate the duty of loyalty; however, the partnership agreement may not be amended to expand or add any specific types or categories of activities that do not violate the duty of loyalty without the consent of all partners after full disclosure of all material facts; or            (ii)    All of the partners or a number or percentage of not less than a majority of disinterested partners specified in the partnership agreement may authorize or ratify, after full disclosure of all material facts, a specific act or transaction that otherwise would violate the duty of loyalty;        (4)    Unreasonably reduce the duty of care under § 9A–404(c) or § 9A–603(b)(3) of this title;        (5)    Eliminate the obligation of good faith and fair dealing under § 9A–404(d) of this title, but the partnership agreement may prescribe the standards by which the performance of the obligation is to be measured, if the standards are not manifestly unreasonable;        (6)    Vary the power to dissociate as a partner under § 9A–602(a) of this title, except to require the notice under § 9A–601(1) of this title to be in writing;        (7)    Vary the right of a court to expel a partner in the events specified in § 9A–601(5) of this title;        (8)    Vary the requirement to wind up the partnership business in cases specified in § 9A–801(4), (5), or (6) of this title;        (9)    Vary the law applicable to a limited liability partnership under § 9A–106 of this subtitle; or        (10)    Restrict rights of third parties under this title.
MD. Corporations and Associations Code Ann. §  9A-104 (2021)
2021 Maryland Statutes|Corporations and Associations|Title 9A - Maryland Revised Uniform Partnership Act|Subtitle 1 - General Provisions|Section 9A-104 - Supplemental Principles of Law

    (a)    Unless displaced by particular provisions of this title, the principles of law and equity supplement this title.    (b)    If an obligation to pay interest arises under this title and the rate is not specified, the rate is that specified in § 11-107(a) of the Courts Article.
MD. Corporations and Associations Code Ann. §  9A-105 (2021)
2021 Maryland Statutes|Corporations and Associations|Title 9A - Maryland Revised Uniform Partnership Act|Subtitle 1 - General Provisions|Section 9A-105 - Execution, Filing, and Recording of Statements

    (a)    A statement may be filed with the Department. A certified copy of a statement that is filed in an office in another state, containing substantially the same information as required for a statement filed under this title, may be filed with the Department. Either filing has the effect provided in this title with respect to partnership property located in or transactions that occur in this State.    (b)    A statement of partnership authority filed by a partnership must be executed by at least two partners. Other statements must be executed by a partner or other person authorized by this title. An individual who executes a statement shall personally declare under penalty of perjury that the contents of the statement are accurate.    (c)    A person authorized by this title to file a statement may amend or cancel the statement by filing an amendment or cancellation that names the partnership, identifies the statement, and states the substance of the amendment or cancellation.    (d)    A person who files a statement pursuant to this section shall promptly send a copy of the statement to every nonfiling partner and to any other person named as a partner in the statement. Failure to send a copy of a statement to a partner or other person does not limit the effectiveness of the statement as to a person not a partner.    (e)    The Department may collect a fee for filing or providing a certified copy of a statement.
MD. Corporations and Associations Code Ann. §  9A-106 (2021)
2021 Maryland Statutes|Corporations and Associations|Title 9A - Maryland Revised Uniform Partnership Act|Subtitle 1 - General Provisions|Section 9A-106 - Law Governing Internal Relations

    (a)    Except as provided in subsection (b) of this section, the law of the jurisdiction in which a partnership has its chief executive office governs relations among the partners and between the partners and the partnership.    (b)    The law of the state under which a foreign limited liability partnership is formed and registered as a limited liability partnership governs relations among the partners and the foreign limited liability partnership and the liability of a partner for any debts, obligations, or liabilities of or chargeable to the foreign limited liability partnership or another partner.    (c)    A partnership, including a limited liability partnership, may conduct its business, carry on its operations, and have and exercise the powers granted by this title in any state, territory, district, or possession of the United States or in any foreign country.    (d)    It is the policy of this State that the internal affairs of partnerships, including limited liability partnerships, formed and existing under this title, including the liability of partners for debts, obligations, and liabilities of or chargeable to partnerships, shall be subject to and governed by the laws of this State.    (e)    It is the intent of the legislature that the legal existence of limited liability partnerships formed and existing under this title or a predecessor statute be recognized outside the boundaries of this State and that the laws of this State governing such limited liability partnerships transacting business outside this State be granted the protection of full faith and credit under the Constitution of the United States.    (f)    A foreign limited liability partnership may not be denied registration under Subtitle 11 of this title by reason of any difference between those laws and the laws of this State.
MD. Corporations and Associations Code Ann. §  9A-107 (2021)
2021 Maryland Statutes|Corporations and Associations|Title 9A - Maryland Revised Uniform Partnership Act|Subtitle 1 - General Provisions|Section 9A-107 - Partnership Subject to Amendment or Repeal of This Title

    A partnership governed by this title is subject to any amendment to or repeal of this title.
MD. Corporations and Associations Code Ann. §  9A-201 (2021)
2021 Maryland Statutes|Corporations and Associations|Title 9A - Maryland Revised Uniform Partnership Act|Subtitle 2 - Nature of Partnership|Section 9A-201 - Partnership as Entity

    A partnership is an entity distinct from its partners.