HARRY HUGHES, Governor                                      3757

THE CORPORATION. AT THE TIME OF ISSUE OR TRANSFER OF SHARES
WITHOUT CERTIFICATES, THE CORPORATION SHALL SEND THE STOCKHOLDER
A WRITTEN STATEMENT OF THE INFORMATION REQUIRED ON CERTIFICATES
BY § 2-211. THE INFORMATION MAY BE INCLUDED IN ANY STATEMENT
PROVIDED PURSUANT TO § 8-408 OF THE COMMERCIAL LAW ARTICLE.

8-203.

(E) UNLESS THE DECLARATION OF TRUST PROVIDES OTHERWISE, THE
TRUSTEES OF A REAL ESTATE INVESTMENT TRUST MAY AUTHORIZE THE
ISSUE OF SOME OR ALL OF THE SHARES OF ANY OR ALL OF ITS CLASSES
OR SERIES WITHOUT CERTIFICATES. THE AUTHORIZATION DOES NOT
AFFECT SHARES ALREADY REPRESENTED BY CERTIFICATES UNTIL THEY ARE
SURRENDERED TO THE REAL ESTATE INVESTMENT TRUST. AT THE TIME OF
ISSUANCE OR TRANSFER OF SHARES WITHOUT CERTIFICATES, THE REAL
ESTATE INVESTMENT TRUST SHALL SEND THE SHAREHOLDER A WRITTEN
STATEMENT OF THE INFORMATION REQUIRED ON CERTIFICATES BY
SUBSECTION (C) OR (D). THE INFORMATION MAY BE INCLUDED IN ANY
STATEMENT PROVIDED PURSUANT TO § 8-408 OF THE COMMERCIAL LAW
ARTICLE.

SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall
take effect July 1, 1986.                                                               

May 27, 1986
The Honorable Melvin A. Steinberg
President of the Senate
State House
Annapolis, Maryland 21404                                                                 

Dear Mr. President:

In accordance with Article II, Section 17 of the Maryland
Constitution, I have today vetoed Senate Bill 527.

This bill requires the State Fire Prevention Commission to
promote and conduct seminars, conferences, workshops, and
meetings to inform the public and fire fighters of changes in the
State fire code and the latest techniques used in fire prevention
and safety programs.

House Bill 1100, which was passed by the General Assembly
and signed by me on April 8, 1986, accomplishes the same purpose.
Therefore, it is not necessary for me to sign Senate Bill 527.

Sincerely,
Harry Hughes
Governor