16-12-2 - Definition of real estate investment trust.
16-12-2. Definition of real estate investment trust.
A real estate investment trust is an unincorporated trust or association which has compliedor intends to comply with Sections 856, 857, and 858 of the federal Internal Revenue Code of1954, as amended, or such sections or section of any subsequent internal revenue code as may beapplicable to organizations described in Public Law 86-779.
Enacted by Chapter 114, 1965 General Session