Current with changes from the 2024 Legislative Session
Section 4A-1101 - General rule(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 partnership, as defined in § 9A-101 of this article;(4) A limited partnership, including a limited partnership registered or denominated as a limited liability limited partnership under § 10-805 of this article or under the laws of a state other than this State;(5) A business trust, as defined in § 1-101 of this article;(6) 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; or(7) A foreign limited liability company.(b) Unless otherwise agreed, a limited liability company may convert to an other entity by:(1) Approving the conversion in accordance with § 4A-1102 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 limited liability company by complying with the requirements of § 4A-1102 of this subtitle and filing for record with the Department: (1) Articles of conversion executed in the manner required by § 4A-206 of this title; and(2) Articles of organization, which shall include the name of the converting other entity, executed in the manner required by § 4A-206 and otherwise complying with this title.Added by 2013 Md. Laws, Ch. 528,Sec. 2, eff. 10/1/2013.Added by 2013 Md. Laws, Ch. 527,Sec. 2, eff. 10/1/2013.