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The Annotated Code of the Public General Laws of Maryland, 1939
Volume 379, Page 2762   View pdf image (33K)
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2762 ARTICLE 73

(2) This article shall be so interpreted and construed as to effect its gen-
eral purpose to make uniform the law of those states which enact it.

(3) This article shall not be so construed as to impair the obligations of
any contract existing when the article goes into effect, nor to affect any
action or proceedings begun or right accrued before this article takes effect.

An. Code, 1924, sec. 29. 1912, sec. 22G. 1918, ch. 280, sec. 22G.

29. (Rules for Cases Not Provided for in This Article). In any case
not provided for in this article the rules of law and equity, including
the law merchant, shall govern.

An. Code, 1924, sec. 30. 1912, sec. 22H. 1918, ch. 280, sec. 22H.

30. (Provisions for Existing Limited Partnerships.) (1) A limited
partnership formed under any statute of this state prior to the adoption
of this article, may become a limited partnership under this article by
complying with the provisions of Section 2; provided the certificate sets
forth

(a) The amount of the original contribution of each limited partner,
and the time when the contribution was made, and

(b) That the property of the partnership exceeds the amount sufficient
to discharge its liabilities to persons not claiming as general or limited
partners by an amount greater than the sum of the contributions of its
limited partners.

(2) A limited partnership formed under any statute of this state prior
to the adoption of this article, until or unless it becomes a limited partner-
ship under this article, shall continue to be governed by the provisions
of Article 73, Sections 1 to 22 of Bagby's Annotated Code of Public
General Laws of 1911, except that such partnership shall not be renewed
unless so provided in the original agreement.1

1 Sec. 2 of act of 1918, ch. 280, provides that "except as affecting existing limited part-
nerships to the extent set forth in sec. 30, the said secs. 1 to 22 of art. 73 of Bagby's
Annotated Code of Public General Laws of Maryland of 1911 are hereby repealed."


 

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The Annotated Code of the Public General Laws of Maryland, 1939
Volume 379, Page 2762   View pdf image (33K)
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