Home Table of Contents

§ 10-7A-01. Conversion of limited partnership to other business entity

West's Annotated Code of MarylandCorporations and AssociationsEffective: October 1, 2013

West's Annotated Code of Maryland
Corporations and Associations
Title 10. Limited Partnership Act (Refs & Annos)
Subtitle 7a. Conversions of Limited Partnerships (Refs & Annos)
Effective: October 1, 2013
MD Code, Corporations and Associations, § 10-7A-01
§ 10-7A-01. Conversion of limited partnership to other business entity
Currentness
Other entity
(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.
Conversion to an other entity
(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.
Conversion to a limited partnership
(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.

Credits

Added by Acts 2013, c. 527, § 2, eff. Oct. 1, 2013; Acts 2013, c. 528, § 2, eff. Oct. 1, 2013.
MD Code, Corporations and Associations, § 10-7A-01, MD CORP & ASSNS § 10-7A-01
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.
End of Document