Current with changes from the 2024 Legislative Session
Section 10-7A-01 - General rule(a) In this subtitle, "other entity" means: (1) A Maryland corporation incorporated under Title 2 of this article;(2) A foreign corporation, as defined in § 1-101 of this article;(3) A domestic limited liability company, as defined in § 4A-101 of this article;(4) A foreign limited liability company, as defined in § 4A-101 of this article;(5) A partnership, as defined in § 9A-101 of this article;(6) A business trust, as defined in § 1-101 of this article;(7) An other form of unincorporated business formed under the laws of this State or the laws of the United States, another state of the United States, a territory, possession, or district of the United States, or a foreign country; or(8) A foreign limited partnership, including a foreign limited partnership registered or denominated as a limited liability limited partnership under the laws of a state other than this State.(b) Unless the partnership agreement provides otherwise, a limited partnership may convert to an other entity by:(1) Approving the conversion in accordance with § 10-7A-02 of this subtitle; and(2) Filing for record with the Department articles of conversion executed in the manner required by § 10-204 of this title.(c) An other entity may convert to a limited partnership by complying with the requirements of § 10-7A-02 of this subtitle and filing for record with the Department: (1) Articles of conversion executed in the manner required by § 10-204 of this title; and(2) A certificate of limited partnership that complies with § 10-201 of this title and, in the case of the conversion of an other entity to a limited liability partnership, § 10-805 of this title, executed in the manner required by § 10-204 of this title.Added by 2013 Md. Laws, Ch. 528,Sec. 2, eff. 10/1/2013.Added by 2013 Md. Laws, Ch. 527,Sec. 2, eff. 10/1/2013.