(ii) With respect to any other transaction, on the record date for
determining stockholders entitled to vote on the transaction objected to;

(2) The stock is that of the successor in a merger, unless:

(i) The merger alters the contract rights of the stock as expressly
set forth in the charter, and the charter does not reserve the right to do so; or

(ii) The stock is to be changed or converted in whole or in part in
the merger into something other than either stock in the successor or cash, scrip, or
other rights or interests arising out of provisions for the treatment of fractional
shares of stock in the successor; or

(3) The stock is that of an open-end investment company registered with
the Securities and Exchange Commission under the Investment Company Act of 1940
and the value placed on the stock in the transaction is its net asset value.

3-203.

(a) A stockholder of a corporation who desires to receive payment of the fair
value of his stock under this subtitle:

(1) Shall file with the corporation a written objection to the proposed
transaction:

(i) With respect to a merger under § 3-106 of this title of a 90
percent or more owned subsidiary WITH OR into its parent CORPORATION, within 30
days after notice is given or waived under § 3-106; or

(ii) With respect to any other transaction, at or before the
stockholders' meeting at which the transaction will be considered;

(2) May not vote in favor of the transaction; and

(3) Within 20 days after the Department accepts the articles for record,
shall make a written demand on the successor for payment for his stock, stating the
number and class of shares for which he demands payment.

8-202.

(c) Notwithstanding any provision of this title which requires for any action
the concurrence of a greater proportion of the votes than a majority of the votes
entitled to be cast, a real estate investment trust may provide by its declaration of
trust that the action may be taken or authorized on the concurrence of a GREATER OR
smaller proportion, but not less than a majority of the number of votes entitled to be
cast on the matter.

8-501.

(a) Except as provided in § 8-202(c) or § 8-203(a)(7) of this title, a declaration
of trust may be amended only as provided in this section.

(b) The board of trustees of a real estate investment trust proposing an
amendment to its declaration of trust shall: