2020 Maryland Statutes
Corporations and Associations
Title 3 - Corporations in General -- Extraordinary Actions
Subtitle 1 - Consolidation, Merger, and Transfer of Assets
Section 3-101 - Definitions

Universal Citation:
MD. Corporations and Associations Code Ann. § 3-101 (2020)
Learn more This media-neutral citation is based on the American Association of Law Libraries Universal Citation Guide and is not necessarily the official citation.

    (a)    In this subtitle the following words have the meanings indicated.

    (b)    “Domestic business trust” or “business trust” means a business trust formed under the laws of the State.

    (c)    “Domestic limited liability company” or “limited liability company” means a limited liability company formed under the laws of the State.

    (d)    “Domestic limited partnership” or “limited partnership” means a partnership formed by 2 or more persons under the laws of the State and having one or more general partners and one or more limited partners.

    (e)    “Domestic partnership” or “partnership” means a partnership formed under the laws of the State.

    (f)    “Foreign business trust” means a business trust organized under the laws of the United States, another state of the United States, or a territory, possession, or district of the United States, or under the laws of a foreign country.

    (g)    “Foreign limited liability company” means a limited liability company formed under the laws of any state, other than the State of Maryland, or under the laws of a foreign country.

    (h)    “Foreign limited partnership” means a partnership formed under the laws of any state other than the State of Maryland or under the laws of a foreign country and having as partners one or more general partners and one or more limited partners.

    (i)    “Foreign partnership” means a partnership formed under the laws of any state, other than this State, or under the laws of a foreign country.

    (j)    “Interest in land” means any interest in real property, the title to which could be affected by recording an instrument in the land records.

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