PART 4. REAL ESTATE INVESTMENT TRUSTS [23000. - 23006.]

Part 4 repealed and added by Stats. 1976, Ch. 650.

§§ 23000–23006 · 7 sections

• § 23000 “Real estate investment trust” as used in this part means any unincorporated association or trust formed to engage in business and managed by, or under the…
• § 23001 No shareowner of a real estate investment trust shall be personally liable as such for any liabilities, debts or obligations of, or claims against, the real…
• § 23002 Section 23001 shall apply to any real estate investment trust organized under the laws of this state with respect to liabilities, debts, obligations and claims…
• § 23003 A real estate investment trust shall not issue any security redeemable at the option of the holder of the security.
• § 23004 Section 23001 shall apply with respect to all liabilities, debts, obligations of, and claims against, a real estate investment trust arising after the…
• § 23005 The provisions of Sections 1400 and 1402 governing bankruptcy reorganizations for corporations also apply to real estate investment trusts. For that purpose…
• § 23006 (a) The following entities may be merged pursuant to this article: (1) Any two or more real estate investment trusts into one real estate investment trust,…