1958

LAWS OF MARYLAND

[Ch. 311

In subsection (a)(2) of this section, the
requirement that the writing to amend a
certificate be sworn to is deleted; in this
regard, see revisor's note to §10—102.

In subsection (d) of this section, the word
"the" is substituted for the word "said."

The only other changes are technical changes
in punctuation.

10-125. PARTIES TO ACTIONS.

A CONTRIBUTOR, UNLESS HE IS A GENERAL PARTNER, IS
NOT A PROPER PARTY TO PROCEEDINGS BY OR AGAINST A
PARTNERSHIP, EXCEPT WHERE THE OBJECT IS TO ENFORCE A
LIMITED PARTNER'S RIGHT AGAINST OR LIABILITY TO THE
PARTNERSHIP.

REVISOR'S NOTE: This section presently appears as
Art. 73, §26.

No changes are made.

10-126. PROVISIONS FOR EXISTING LIMITED PARTNERSHIPS.

(A)   A LIMITED PARTNERSHIP FORMED UNDER ANY STATUTE
OF THE STATE PRIOR TO APRIL 10, 1918, MAY BECOME A
LIMITED PARTNERSHIP UNDER THIS TITLE BY COMPLYING WITH
THE PROVISIONS OF §10-102 OF THIS TITLE, PROVIDED THE
CERTIFICATE SETS FORTH:

(1)   THE AMOUNT OF THE ORIGINAL CONTRIBUTION
OF EACH LIMITED PARTNER, AND THE TIME WHEN THE
CONTRIBUTION WAS MADE; AND

(2)   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.

(B)    A LIMITED PARTNERSHIP FORMED UNDER ANY STATUTE
OF THE STATE PRIOR TO APRIL 10, 1918, UNTIL OR UNLESS
IT BECOMES A LIMITED PARTNERSHIP UNDER THIS TITLE, SHALL
CONTINUE TO BE GOVERNED BY THE PROVISIONS OF THE LIMITED
PARTNERSHIP ACT IN EFFECT PRIOR TO JUNE 1, 1918, EXCEPT
THAT THE PARTNERSHIP SHALL NOT BE RENEWED UNLESS SO
PROVIDED IN THE ORIGINAL AGREEMENT.

REVISOR'S NOTE: This section presently appears as
Art. 73, §30. Cross-references and
nomenclature are conformed.