HARRY HUGHES, Governor

689

[(10)] (8) Subtitle 19 -- "fraternal benefit
societies."

8-501.1.

(e) Notice which states that a purpose of a meeting will be
to act upon the proposed merger shall be given by each Maryland
real estate investment trust in the manner provided for
corporations by Title [II] 2 of this article to:

(1)  Each of its shareholders entitled to vote on the
proposed transaction; and

(2)  Each of its shareholders not entitled to vote on
the proposed transaction, except the shareholders of a successor
in a merger if the merger does not alter the contract rights of
their shares as expressly set forth in the declaration of trust.

11-101.

(o) (1) "Security" means any:

(i) Note;

(ii) Stock;

(iii) Treasury stock;

(iv) Bond;

(v) Debenture;

(vi) Evidence of indebtedness;

(vii) Certificate of interest or participation
in any profit-sharing agreement;

(viii) Collateral-trust certificate;

(ix) Preorganization certificate or
subscription;

(x) Transferable share;

(xi) Investment contract;

(xii) Voting-trust certificate;

(xiii) Certificate of deposit for a security;

(xiv) Certificate of interest or participation
in an oil, gas, or mining title or lease or in payments out of
production under the title or lease; [or]