Plain Text Law

§ 3–101

Statutes in effect as of October 1, 2026.

Md. Code Ann., Corps. & Ass'ns § 3-101 (2026)
Title 3. Corporations in General -- Extraordinary Actions
Subtitle 1. Consolidation, Merger, and Transfer of Assets

§ 3–101Copy Citation

(a)
In this subtitle the following words have the meanings indicated.
(b)
“Domestic business trust” or “business trust” means a business trust formed under the laws of the State.
(c)
“Domestic limited liability company” or “limited liability company” means a limited liability company formed under the laws of the State.
(d)
“Domestic limited partnership” or “limited partnership” means a partnership formed by 2 or more persons under the laws of the State and having one or more general partners and one or more limited partners.
(e)
“Domestic partnership” or “partnership” means a partnership formed under the laws of the State.
(f)
“Foreign business trust” means a business trust organized under the laws of the United States, another state of the United States, or a territory, possession, or district of the United States, or under the laws of a foreign country.
(g)
“Foreign limited liability company” means a limited liability company formed under the laws of any state, other than the State of Maryland, or under the laws of a foreign country.
(h)
“Foreign limited partnership” means a partnership formed under the laws of any state other than the State of Maryland or under the laws of a foreign country and having as partners one or more general partners and one or more limited partners.
(i)
“Foreign partnership” means a partnership formed under the laws of any state, other than this State, or under the laws of a foreign country.
(j)
“Interest in land” means any interest in real property, the title to which could be affected by recording an instrument in the land records.