(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 limited partnership, as defined in § 10-101 of this article, including a limited partnership registered as a limited liability limited partnership under § 10-805 of this article;
(7) A foreign limited partnership, as defined in § 10-101 of this article;
(8) A business trust, as defined in § 1-101 of this article, excluding a real estate investment trust; or
(9) Another 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.
Conversion to other entity
(b) Unless the declaration of trust provides otherwise, a real estate investment trust may convert to an other entity by:
(1) Approving the conversion in accordance with § 8-702 of this subtitle; and
(2) Filing for record with the Department articles of conversion executed in the manner required by Title 1 of this article.
Conversion to real estate investment trust
(c) An other entity may convert to a real estate investment trust by complying with § 8-702 of this subtitle and filing for record with the Department:
(1) Articles of conversion executed in the manner required by Title 1 of this article; and
(2) A declaration of trust, which shall include the name of the converting other entity, executed in the manner required by § 8-202 of this title and otherwise complying with this title.
Credits
Added by Acts 2013, c. 527, § 2, eff. Oct. 1, 2013; Acts 2013, c. 528, § 2, eff. Oct. 1, 2013. Amended by Acts 2014, c. 550, § 1, eff. Oct. 1, 2014; Acts 2014, c. 551, § 1, eff. Oct. 1, 2014.
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.