§ 4A-1101. General rule.

   (a) "Other entity" defined. -- In this subtitle, "other entity" means:

   (1) A Maryland corporation incorporated under Title 2 of this article;

   (2) A foreign corporation, as defined in § 1-101 of this article;

   (3) A partnership, as defined in § 9A-101 of this article;

   (4) A limited partnership, including a limited partnership registered or denominated as a limited liability limited partnership under § 10-805 of this article or under the laws of a state other than this State;

   (5) A business trust, as defined in § 1-101 of this article;

   (6) 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; or

   (7) A foreign limited liability company.

(b) Conversion -- Limited liability company to other entity. -- Unless otherwise agreed, a limited liability company may convert to an other entity by:

   (1) Approving the conversion in accordance with § 4A-1102 of this subtitle; and

   (2) Filing for record with the Department articles of conversion executed in the manner required by Title 1 of this article.

(c) Conversion -- Other entity limited to liability company. -- An other entity may convert to a limited liability company by complying with the requirements of § 4A-1102 of this subtitle and filing for record with the Department:

   (1) Articles of conversion executed in the manner required by § 4A-206 of this title; and

   (2) Articles of organization, which shall include the name of the converting other entity, executed in the manner required by § 4A-206 and otherwise complying with this title.

HISTORY: 2013, ch. 527, § 1, 2; ch. 528, § 1, 2.