Md. Code Regs. 18.04.12.02

Current through Register Vol. 51, No. 24, December 2, 2024

Section 18.04.12.02 - Conversions

A. The Department may not accept articles of conversion until all required annual reports have been filed and related filing fees and penalties have been paid through the current year if the converting entity is:

(1) A Maryland domestic entity;

(2) A foreign unincorporated entity registered to do business in Maryland; or

(3) A foreign corporation qualified to do business in Maryland.

B. The Department may not accept documents evidencing a conversion until all required annual reports have been filed and related filing fees and penalties have been paid through the current year if the converting entity is:

(1) A foreign unincorporated entity registered to do business in Maryland; or

(2) A foreign corporation qualified to do business in Maryland.

C. If a converted entity is a Maryland domestic entity or a foreign entity which qualifies or registers to do business in Maryland, the converted entity will not be required to file an annual report until the calendar year immediately following the current year.

Md. Code Regs. 18.04.12.02

Regulation .02 adopted effective 49:25 Md. R.1041-1070, eff. 12/12/2022