Learn About The Law
Get help with your legal needs
FindLaw’s Learn About the Law features thousands of informational articles to help you understand your options. And if you’re ready to hire an attorney, find one in your area who can help.
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 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.
(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.
(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.
Cite this article: FindLaw.com - Maryland Code, Corporations and Associations § 8-701 - last updated January 01, 2025 | https://codes.findlaw.com/md/corporations-and-associations/md-code-corp-and-assns-sect-8-701/
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.
A free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw’s Learn About the Law.
Make It a Preferred Google Search Source
Add to GoogleGet help with your legal needs
FindLaw’s Learn About the Law features thousands of informational articles to help you understand your options. And if you’re ready to hire an attorney, find one in your area who can help.
Search our directory by legal issue
Enter information in one or both fields (Required)