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§ 3-101. Definitions

West's Annotated Code of MarylandCorporations and AssociationsEffective: June 1, 2010

West's Annotated Code of Maryland
Corporations and Associations
Title 3. Corporations in General--Extraordinary Actions (Refs & Annos)
Subtitle 1. Consolidation, Merger, and Transfer of Assets
Effective: June 1, 2010
MD Code, Corporations and Associations, § 3-101
§ 3-101. Definitions
In general
(a) In this subtitle the following words have the meanings indicated.
Domestic business trust
(b) “Domestic business trust” or “business trust” means a business trust formed under the laws of the State.
Domestic limited liability company or limited liability company
(c) “Domestic limited liability company” or “limited liability company” means a limited liability company formed under the laws of the State.
Domestic limited partnership or limited partnership
(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.
Domestic partnership or partnership
(e) “Domestic partnership” or “partnership” means a partnership formed under the laws of the State.
Foreign business trust
(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.
Foreign limited liability company
(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.
Foreign limited partnership
(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.
Foreign partnership
(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.
Interest in land
(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.

Credits

Added by Acts 1975, c. 311, § 2, eff. July 1, 1975. Amended by Acts 1978, c. 255; Acts 1988, c. 550; Acts 1992, c. 536; Acts 1997, c. 654, § 2, eff. July 1, 1998; Acts 1999, c. 395, § 1, eff. Oct. 1, 1999. Amended by Acts 2005, c. 586, § 1, eff. June 1, 2005; Acts 2007, c. 5, § 7, eff. March 22, 2007; Acts 2010, c. 611, § 2, eff. June 1, 2010.
Formerly Art. 23, § 65.
MD Code, Corporations and Associations, § 3-101, MD CORP & ASSNS § 3-101
Current through legislation effective through April 9, 2023, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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