(a) Unless the partnership agreement provides otherwise, a partnership may be a party to a statutory merger pursuant to this subtitle and may merge into one or more:
- (1) Partnerships;
- (2) Limited liability companies;
- (3) Limited partnerships;
- (4) Corporations having capital stock; or
- (5) Business trusts having transferable units of beneficial interest.
- (b) One or more partnerships, limited liability companies, limited partnerships, corporations having capital stock, or business trusts having transferable units of beneficial interest may merge into a partnership.
- (c) Before a partnership may be a party to a statutory merger pursuant to this subtitle, such partnership must have on file with the Department either (1) a statement of authority filed pursuant to § 9A-303 of this title or (2) a certificate of limited liability partnership filed pursuant to § 9A-1001 of this title.
- (d) The statutory merger provisions of this subtitle do not preclude a partnership from being converted or merged by agreement or by operation of law.
Added as Corporations and Associations § 9-901 by Acts 1997, c. 654, § 2, eff. July 1, 1998. Renumbered as Corporations and Associations § 9A-901 by Acts 1998, c. 743, § 1, eff. June 1, 1998.