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Unannotated Code of Maryland (Last Updated: May 16, 2014) |
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CORPORATIONS AND ASSOCIATIONS |
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TITLE 10. LIMITED PARTNERSHIP ACT |
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SUBTITLE 9. FOREIGN LIMITED PARTNERSHIPS |
§ 10-901. Law governing
Latest version.
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(a) Law of organizational state. -- Subject to the Maryland Constitution:
(1) The laws of the state or country under which a foreign limited partnership is organized govern its organization and internal affairs and the liability of its limited partners; and
(2) A foreign limited partnership may not be denied registration by reason of any difference between those laws and the laws of this State.
(b) Doing business. -- A foreign limited partnership may not do any kind of intrastate, interstate, or foreign business in this State which the laws of this State prohibit a domestic limited partnership from doing.