Md. Code Ann., Corps. & Ass'ns § 4A-1101
Conversion of limited liability company to other business entity
Effective Oct 1, 2013Added by Acts 2013, c. 527, § 2, eff. Oct. 1, 2013; Acts 2013, c. 528, § 2, eff. Oct. 1, 2013.State of Maryland
(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 of this title and otherwise complying with this title.
Added by Acts 2013, c. 527, § 2, eff. Oct. 1, 2013; Acts 2013, c. 528, § 2, eff. Oct. 1, 2013.