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The Annotated Code of the Public General Laws of Maryland, 1918
Volume 374, Page 521   View pdf image (33K)
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ART. LXXIII] LIMITED PARTNERSHIPS. 521
ARTICLE LXXIIL
PARTNERSHIPS-LIMITED.*
1. Limited partnership defined.
2. Formation.
3. Business which may be carried on.
4. Character of limited partner's con-
tribution.
5. Name not to contain surname of
limited partner. Exceptions.
6. Liability for false statements in
certificate.
7. Limited partner not liable to cred-
itors.
8. Admission of additional limited
partners.
9. Rights, powers and liabilities of
a general partner.
10. Eights of a limited partner.
11. Status of person erroneously be-
lieving himself a limited part-
ner.
12. One person both general and lim-
ited partner.
13. Loans and other business transac-
tions with limited partner.
14. Relation of limited partners inter
se.
15. Compensation of limited partner.
16. Withdrawal or reduction of lim-
ited partner's contribution.
17. Liability of limited partner to
partnership.
18. Nature of limited partner's inter-
est in partnership.
19. Assignment of limited partner's In-
terest.
20. Effect of retirement, death or in-
sanity of a general partner.
21. Death of limited partner.
22. Rights of creditors of limited part-
ner.
22A. Distribution of assets.
22B. When certificate shall be can-
celled or amended.
22C. Requirements for amendment
and for cancellation of certifi-
cate.
22D. Parties to actions.
22E. Name of article.
22F. Rules of construction.
22G. Rules for cases not provided for
in this article.
22H. Provisions for existing limited
partnerships.
23. Adams Express Company and
other unincorporated stock com-
panies, how and where sued;
process.
1918, ch. 280, sec. 1.
1. (LIMITED PARTNERSHIP DEFINED.) A limited partnership is a
partnership formed by two or more persons under the provisions of Sec-
tion 2, having as members one or more general partners and one or
more limited partners. The limited partners as such shall not be bound
by the obligations of the partnership.+
See notes to this section in volume 2 of the Annotated Code.
1918, ch. 280, sec. 2.
2. (FORMATION.) (1) Two or more persons desiring to form a
limited partnership shall
*As to general partnerships, see article 73A.
tSee foot note to section 22H.


 
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The Annotated Code of the Public General Laws of Maryland, 1918
Volume 374, Page 521   View pdf image (33K)
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