(a) A real estate investment trust shall post the security for taxes required under § 13-825 of the Tax - General Article.
(b) If the Comptroller waives the requirement of a security, the Comptroller shall notify the Department in writing of the waiver.
Structure Maryland Statutes
Title 8 - Real Estate Investment Trusts
Subtitle 2 - Formation and Qualification
Section 8-201 - Formation; Compliance Required
Section 8-202 - Declaration of Trust
Section 8-203 - Classification of Shares
Section 8-204 - Security for Payment of Taxes
Section 8-205 - Removal of Trustee
Section 8-206 - Trustee Committees; Delegation of Powers
Section 8-207 - Federal Qualification by Issuance of Shares Without Consideration