Voting trust

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    One or more shareholders of a real estate investment trust may confer the right to vote or otherwise represent their shares to a trustee by:

        (1)    Entering into a written voting trust agreement which specifies the terms and conditions of the voting trust;

        (2)    Depositing an executed copy of the agreement with the real estate investment trust at its principal office; and

        (3)    Transferring their shares for purposes of the agreement to a trustee.


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