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Current as of January 01, 2025 | Updated by Findlaw Staff
(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(i) 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 statutory 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.
(b) Except as provided in its governing instrument, a statutory trust may convert to an other entity by:
(1) Approving the conversion in accordance with § 12-1002 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.
(c) An other entity may convert to a statutory trust by complying with § 12-1002 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 certificate of trust, which shall include the name of the converting other entity, executed in the manner required by § 12-204 of this title and otherwise complying with this title.
Cite this article: FindLaw.com - Maryland Code, Corporations and Associations § 12-1001 - last updated January 01, 2025 | https://codes.findlaw.com/md/corporations-and-associations/md-code-corp-and-assns-sect-12-1001/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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