Section 8-303 - Voting trust.

§ 8-303. Voting trust.
 

One or more shareholders of a real estate investment trust may confer the right to vote or otherwise represent their shares to a trustee by: 

(1) Entering into a written voting trust agreement which specifies the terms and conditions of the voting trust; 

(2) Depositing an executed copy of the agreement with the real estate investment trust at its principal office; and 

(3) Transferring their shares for purposes of the agreement to a trustee. 
 

[1997, ch. 723.]