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Subtitle 1 - General Provisions
Section 10-101 - Definitions - (a) In this title, unless the context requires otherwise, the...
Section 10-102 - Name - The name of each limited partnership as set forth in...
Section 10-103 - Reservation of Name - The exclusive right to use a specified name for a...
Section 10-104 - Principal Office and Resident Agent - (a) Each limited partnership shall have: (1) A principal office...
Section 10-106 - Nature of Business - A limited partnership may carry on any business that a...
Section 10-107 - Business Transactions of Partner With Partnership - (a) Except as provided in the partnership agreement, a partner...
Section 10-108 - Applicability of Title 9a - The provisions of Title 9A of this article with respect...
Subtitle 2 - Formation, Forfeiture, and Reinstatement
Section 10-201 - Certificate of Limited Partnership - (a) One or more general and limited partners may form...
Section 10-202 - Amendment to Certificate - (a) A certificate is amended by filing a certificate of...
Section 10-202.1 - Certificate of Correction - (a) If any certificate filed with the Department under this...
Section 10-203 - Cancellation of Certificate - (a) A certificate shall be canceled on the dissolution and...
Section 10-204 - Execution of Certificates - (a) Each certificate or articles required by this subtitle to...
Section 10-205 - Amendment or Cancellation by Judicial Act - If a person required by § 10-204 of this subtitle...
Section 10-206 - Filing With the Department - (a) An executed copy of each certificate required by this...
Section 10-207 - Liability for False Statement in Certificate - (a) If any certificate contains a false statement, one who...
Section 10-208 - Mergers - (a) (1) In this section the following words have the...
Section 10-209 - Failure to Pay Taxes or Required Contributions; Proclamation - (a) (1) Except with respect to a tax collectable locally,...
Section 10-210 - Notice of Proclamation; Reinstatement Upon Payment - (a) Within ten days after the issuance of the proclamation,...
Section 10-211 - Corrective Proclamation - (a) If the Department is satisfied that a limited partnership...
Section 10-212 - Effect on Other Laws - This subtitle does not repeal, supersede, or in any manner...
Section 10-213 - Articles of Reinstatement -- Filing - The authority to do business in Maryland of any limited...
Section 10-214 - Articles of Reinstatement -- Contents - A certificate of reinstatement shall include: (1) The name of...
Section 10-215 - Articles of Reinstatement -- Conditions of Acceptance - The Department may not accept a certificate of reinstatement for...
Section 10-216 - Articles of Reinstatement -- Acceptance as Evidence of Compliance - Except in a proceeding by the State or any of...
Section 10-217 - Penalties for Transacting Business - (a) Any person that transacts business in the name or...
Section 10-218 - No Bar to Valid Acts or Defense of Suit - The forfeiture of the right to do business in Maryland...
Subtitle 3 - Limited Partners
Section 10-301 - Admission as Limited Partner - (a) A person acquiring a partnership interest is admitted as...
Section 10-302 - Limited Partnership Agreements - (a) A partnership agreement may provide for classes or groups...
Section 10-303 - Liability to Third Parties - (a) Except as provided in § 10–207(a) of this title...
Section 10-304 - Person Erroneously Believing Himself Limited Partner - (a) Except as provided in subsection (b) of this section,...
Section 10-305 - Information - (a) Each limited partner may inspect and copy, in person...
Subtitle 4 - General Partners
Section 10-401 - Admission of Additional General Partners - Except as otherwise provided in the partnership agreement, after the...
Section 10-402 - Events of Withdrawal - A person ceases to be a general partner of a...
Section 10-403 - Powers and Liabilities - (a) Except as provided in this title or in the...
Section 10-404 - Contributions by General Partner - A general partner may make contributions to the limited partnership...
Section 10-405 - Voting - The partnership agreement may grant to all or certain identifiable...
Subtitle 5 - Finance
Section 10-501 - Form of Contribution - The contribution of a partner may be in cash, property,...
Section 10-502 - Liability for Contribution - (a) (1) Except as provided in the partnership agreement, a...
Section 10-503 - Sharing of Profits and Losses - The profits and losses of a limited partnership shall be...
Section 10-504 - Sharing of Distributions - Distributions of cash or other assets of a limited partnership...
Subtitle 6 - Distributions and Withdrawal
Section 10-601 - Interim Distributions - Except as otherwise provided in this subtitle: (1) To the...
Section 10-602 - Withdrawal of General Partner - A general partner may withdraw from a limited partnership at...
Section 10-603 - Withdrawal of Limited Partner - (a) A limited partner may withdraw from a limited partnership...
Section 10-604 - Distribution Upon Withdrawal - Except as otherwise provided in this subtitle, on withdrawal any...
Section 10-605 - Distribution in Kind - Unless otherwise provided in the partnership agreement, a partner, regardless...
Section 10-606 - Status as Creditor - Except to the extent limited by § 10–607 of this...
Section 10-607 - Limitations on Return of Contributions - A partner may not receive a return of his contribution...
Section 10-608 - Liability Upon Return of Contribution - (a) (1) If a limited partner has received the return...
Subtitle 7 - Assignment of Partnership Interests
Section 10-701 - Nature of Partnership Interest - A partnership interest is personal property.
Section 10-702 - Assignment of Partnership Interest - Unless otherwise provided in the partnership agreement, a partnership interest...
Section 10-703 - Right of Assignee to Become Limited Partner - (a) An assignee of a partnership interest, including an assignee...
Section 10-704 - Death, Incompetency, Insolvency, or Termination of a General Partner - (a) Unless otherwise provided in the partnership agreement: (1) If...
Section 10-705 - Rights of Creditor - On application to a court of competent jurisdiction by any...
Section 10-706 - Certificate of Partnership Interest - The partnership agreement may provide that a partner’s interest in...
Subtitle 7A - Conversions of Limited Partnerships
Section 10-7A-01 - General Rule - (a) In this subtitle, “other entity” means: (1) A Maryland...
Section 10-7A-02 - Approval and Objection - (a) Unless the partnership agreement specifies the manner of authorizing...
Section 10-7A-03 - Articles of Conversion - (a) In this section, “facts ascertainable outside the articles of...
Section 10-7A-04 - Effects of Conversion - (a) A conversion has the effects provided in this section....
Section 10-7A-05 - Exchange or Conversion of Interests or Stock - (a) In a conversion of an other entity to a...
Section 10-7A-06 - Completion of Conversion - (a) The conversion of an other entity to a limited...
Section 10-7A-07 - Abandonment of Proposed Conversion - (a) Unless the partnership agreement or the articles of conversion...
Subtitle 8 - Miscellaneous Provisions
Section 10-801 - Events of Dissolution - A limited partnership is dissolved and its affairs shall be...
Section 10-802 - Judicial Dissolution - On application by or for a partner, the circuit court...
Section 10-803 - Winding Up - (a) Unless otherwise provided in the partnership agreement, the general...
Section 10-804 - Distribution of Assets - Upon the winding up of a limited partnership, the assets...
Section 10-805 - Registration as Limited Liability Partnership - (a) A limited partnership may register as a limited liability...
Subtitle 9 - Foreign Limited Partnerships
Section 10-901 - Law Governing - (a) Subject to the Maryland Constitution: (1) The laws of...
Section 10-902 - Registration - Before doing any interstate, intrastate, or foreign business in this...
Section 10-903 - Issuance of Registration - If the Department finds that an application for registration meets...
Section 10-904 - Name - A foreign limited partnership may register with the Department under...
Section 10-905 - Changes and Amendments - If any statement in the application for registration of a...
Section 10-906 - Cancellation of Registration - A foreign limited partnership may cancel its registration by filing...
Section 10-907 - Doing Business Without Registration - (a) If a foreign limited partnership is doing or has...
Section 10-908 - Action by Attorney General - The Attorney General may bring an action to restrain a...
Section 10-909 - Doing Business - (a) In addition to any other activities which may not...
Section 10-910 - Assent to State Laws - By doing intrastate, interstate, or foreign business in this State,...
Section 10-911 - Compliance With Subtitle Is Not Consent to Suit - With respect to any cause of action on which a...
Section 10-912 - Law Governing Merger -- Foreign Limited Partnership - (a) If a foreign limited partnership that owns property, rights,...
Section 10-913 - Forfeiture of Right to Do Business - (a) The Department may forfeit the right of any foreign...
Subtitle 10 - Derivative Actions
Section 10-1001 - Right of Action - A limited partner may bring a derivative action to enforce...
Section 10-1002 - Proper Plaintiff - In a derivative action, the plaintiff must be a partner...
Section 10-1003 - Pleading - In a derivative action, the complaint shall set forth with...
Section 10-1004 - Expenses - If a derivative action is successful, in whole or in...
Subtitle 11 - Miscellaneous
Section 10-1101 - Construction and Application - This title shall be applied and construed so as to...
Section 10-1102 - Short Title - This title may be cited as the Maryland Revised Uniform...
Section 10-1103 - Severability - If any provision of this title or its application to...
Section 10-1104 - Effective Date, Extended Effective Date, and Repeal - Except as provided below, the effective date of this Act...
Section 10-1105 - Filing Certificate Required by 10-1104 - (a) In this section, “limited partnership” means a limited partnership...