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2017 Maryland Code
Corporations and Associations
Title 10 - Limited Partnership Act
Subtitle 7A - Conversions of Limited Partnerships.
§ 10-7A-01. General rule.
Universal Citation: MD Corp & Assn Code § 10-7A-01 (2017)
- (a) "Other entity" defined. -- 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) Limited partnership to other entity. -- 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) Other entity to limited partnership. -- 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.
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