Article snapshot taken from Wikipedia with creative commons attribution-sharealike license.
Give it a read and then ask your questions in the chat.
We can research this topic together.
1997 San Marino referendum
26 October 1997
Do you want that corporations with the purpose of acquiring, administering or selling real estate have to exercise their economic activities in the form of a public company?
A referendum was held in San Marino on 26 October 1997. Voters were asked whether they approved of a proposal that any corporation buying, administering or selling land and property would have to be a public company. It was approved by 88.1% of voters.
Results
Do you want that corporations with the purpose of acquiring, administering or selling real estate have to exercise their economic activities in the form of a public company?