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<section article="gca" article_name="Corporations and Associations" number="12-1001" title_number="12" title_name="Statutory Trusts" subtitle_number="10" subtitle_name="Conversions of Statutory Trusts">
  <level label="a">
    <text>In this subtitle, “other entity” means:</text>
    <level label="1">
      <text>A Maryland corporation incorporated under Title 2 of this article;</text>
    </level>
    <level label="2">
      <text>A foreign corporation, as defined in § 1–101 of this article;</text>
    </level>
    <level label="3">
      <text>A domestic limited liability company, as defined in § 4A–101 of this article;</text>
    </level>
    <level label="4">
      <text>A foreign limited liability company, as defined in § 4A–101 of this article;</text>
    </level>
    <level label="5">
      <text>A partnership, as defined in § 9A–101(i) of this article;</text>
    </level>
    <level label="6">
      <text>A limited partnership, as defined in § 10–101 of this article, including a limited partnership registered as a limited liability limited partnership under § 10–805 of this article;</text>
    </level>
    <level label="7">
      <text>A foreign limited partnership as defined in § 10–101 of this article;</text>
    </level>
    <level label="8">
      <text>A business trust, as defined in § 1–101 of this article, excluding a statutory trust; or</text>
    </level>
    <level label="9">
      <text>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.</text>
    </level>
  </level>
  <level label="b">
    <text>Except as provided in its governing instrument, a statutory trust may convert to an other entity by:</text>
    <level label="1">
      <text>Approving the conversion in accordance with § 12–1002 of this subtitle; and</text>
    </level>
    <level label="2">
      <text>Filing for record with the Department articles of conversion executed in the manner required by Title 1 of this article.</text>
    </level>
  </level>
  <level label="c">
    <text>An other entity may convert to a statutory trust by complying with § 12–1002 of this subtitle and filing for record with the Department:</text>
    <level label="1">
      <text>Articles of conversion executed in the manner required by Title 1 of this article; and</text>
    </level>
    <level label="2">
      <text>A certificate of trust, which shall include the name of the converting other entity, executed in the manner required by § 12–204 of this title and otherwise complying with this title.</text>
    </level>
  </level>
</section>
