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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 9A. MARYLAND REVISED UNIFORM PARTNERSHIP ACT |
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SUBTITLE 9. MERGER |
§ 9A-901. Merger in general
Latest version.
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(a) Entities generally. -- Unless the partnership agreement provides otherwise, a partnership may be a party to a statutory merger pursuant to this subtitle and may merge into one or more:
(1) Partnerships;
(2) Limited liability companies;
(3) Limited partnerships;
(4) Corporations having capital stock; or
(5) Business trusts having transferable units of beneficial interest.
(b) Entities having transferable capital stock or transferable interest. -- One or more partnerships, limited liability companies, limited partnerships, corporations having capital stock, or business trusts having transferable units of beneficial interest may merge into a partnership.
(c) Filings required. -- Before a partnership may be a party to a statutory merger pursuant to this subtitle, such partnership must have on file with the Department either (1) a statement of authority filed pursuant to § 9A-303 of this title or (2) a certificate of limited liability partnership filed pursuant to § 9A-1001 of this title.
(d) Merger by agreement or operation of law. -- The statutory merger provisions of this subtitle do not preclude a partnership from being converted or merged by agreement or by operation of law.