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Section 8-207 - Federal Qualification by Issuance of Shares Without Consideration — Maryland Law | CourtGPT
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  7. Section 8-207 - Federal Qualification by Issuance of Shares Without Consideration
Maryland Legal Code

Section 8-207 - Federal Qualification by Issuance of Shares Without Consideration

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Notwithstanding any other provision of the Maryland REIT Law, a real estate investment trust may issue shares of beneficial interest without consideration for the purpose of qualifying the real estate investment trust as a real estate investment trust under the Internal Revenue Code.