Maryland Corporations and Associations Section 12-203

      (a)      A Maryland business trust shall have:

            (1)      A principal office in this State; and

            (2)      At least one resident agent who shall be:

                  (i)      A citizen of the State who resides in the State; or

                  (ii)      A Maryland corporation.

      (b)      (1)      A business trust may designate or change its resident agent or principal office by filing for record with the Department a certified copy of a resolution of its trustees that authorizes the designation or change.

            (2)      A business trust may change the address of its resident agent by filing for record with the Department a statement of the change signed by one of its trustees or by an officer of the business trust.

            (3)      A designation or change of a business trust's principal office or its resident agent or its resident agent's address under this subsection is effective when the Department accepts the resolution or statement for record.

      (c)      (1)      A resident agent who changes the resident agent's address in the State shall notify the Department of the change by filing for record with the Department a statement of the change signed by the resident agent or on behalf of the resident agent.

            (2)      The statement shall include:

                  (i)      The names of the business trusts for which the change is effective;

                  (ii)      The resident agent's old and new addresses; and

                  (iii)      The date on which the change is effective.

            (3)      If the old and new addresses of the resident agent are the same as the old and new addresses of the principal office of the business trust, the statement may include a change of address for the principal office if:

                  (i)      The resident agent notifies the business trust in writing that the statement will be filed; and

                  (ii)      The statement recites that the resident agent has done so.

            (4)      The change of address of the resident agent or principal office is effective when the Department accepts the statement for record.

      (d)      (1)      A resident agent may resign by filing with the Department a counterpart or photocopy of the resident agent's signed resignation.

            (2)      Unless a later time is specified in the resignation, the resignation is effective:

                  (i)      At the time it is filed with the Department, if the business trust has more than one resident agent; or

                  (ii)      10 days after it is filed with the Department, if the business trust has only one resident agent.

      (e)      Service of process on a registered agent designated by a business trust under subsection (b) of this section shall be as effective as if served on one of the trustees of the business trust.