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2013 Maryland Code
CORPORATIONS AND ASSOCIATIONS
§ 8-601 - Liabilities of trust, shareholders, and trustees


MD Corp & Assn Code § 8-601 (2013) What's This?

§8-601.

(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.

§ 8-601 - 1. Applicability of certain Title 2 provisions

Sections 2-201(c), 2-313, 2-405.1(d) through (g), 2-502(e), and 2-504(f) of this article shall apply to real estate investment trusts.

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