Md. Code Ann., Corps. & Ass'ns § 9A-1006
Limited partnership as limited liability partnership
Effective Jul 1, 1998Added as Corporations and Associations § 9-1006 by Acts 1997, c. 654, § 2, eff. July 1, 1998. Renumbered as Corporations and Associations § 9A-1006 by Acts 1998, c. 743, § 1, eff. June 1, 1998.State of Maryland
- (a) A limited partnership may register as a limited liability partnership by complying with § 10-805 of this article.
- (b) The provisions of this title applicable to limited liability partnerships shall apply to a limited partnership which registers as a limited liability partnership; provided, however, that in applying this title to such a limited partnership, all references to partners shall mean general partners.
- (c) If a limited partnership is a registered limited liability partnership, § 9A-306 of this title applies to its general partners and to any of its limited partners who, under other provisions of this article, are liable for the debts or obligations of the limited partnership.
Added as Corporations and Associations § 9-1006 by Acts 1997, c. 654, § 2, eff. July 1, 1998. Renumbered as Corporations and Associations § 9A-1006 by Acts 1998, c. 743, § 1, eff. June 1, 1998.