3036

LAWS OF MARYLAND

Ch. 801

(3)  UNLESS OTHERWISE PROVIDED IN THE CERTIFICATE
OR WITH THE CONSENT OF ALL PARTNERS, THE PERSON'S;

(I)  MAKING AN ASSIGNMENT FOR THE BENEFIT
OF CREDITORS;

(II)  FILING A VOLUNTARY PETITION IN
BANKRUPTCY;

(III)  BEING ADJUDGED BANKRUPT OR INSOLVENT
OR HAVING ENTERED AGAINST HIM AN ORDER OF RELIEF IN ANY
BANKRUPTCY OR INSOLVENCY PROCEEDING;

(IV)  FILING A PETITION OR ANSWER SEEKING
FOR HIMSELF ANY REORGANIZATION, ARRANGEMENT, COMPOSITION,
READJUSTMENT, LIQUIDATION, DISSOLUTION, OR SIMILAR RELIEF
UNDER ANY STATUTE, LAW, OR REGULATION;

(V)  FILING AN ANSWER OR OTHER PLEADING
ADMITTING OR FAILING TO CONTEST THE MATERIAL ALLEGATIONS OF
A PETITION FILED AGAINST HIM IN ANY PROCEEDING OF THIS
NATURE; OR

(VI)  SEEKING, CONSENTING TO, OR
ACQUIESCING IN, THE APPOINTMENT OF A TRUSTEE, RECEIVER, OR
LIQUIDATION OF THE GENERAL PARTNER OR OF ALL OR ANY
SUBSTANTIAL PART OF HIS PROPERTIES;

(4)  UNLESS OTHERWISE PROVIDED IN THE CERTIFICATE
OR WITH THE CONSENT OF ALL PARTNERS, THE CONTINUATION OF ANY
PROCEEDING AGAINST HIM SEEKING REORGANIZATION, ARRANGEMENT,
COMPOSITION, READJUSTMENT, LIQUIDATION, DISSOLUTION, OR
SIMILAR RELIEF UNDER ANY STATUTE, LAW, OR REGULATION, FOR
120 DAYS AFTER THE COMMENCEMENT THEREOF OR THE APPOINTMENT
OF A TRUSTEE, RECEIVER, OR LIQUIDATOR FOR THE GENERAL
PARTNER OR ALL OR ANY SUBSTANTIAL PART OF HIS PROPERTIES
WITHOUT HIS AGREEMENT OR ACQUIESCENCE, WHICH APPOINTMENT IS
NOT VACATED OR STAYED FOR 120 DAYS OR, IF THE APPOINTMENT IS
STAYED, FOR 120 DAYS AFTER THE EXPIRATION OF THE STAY DURING
WHICH PERIOD THE APPOINTMENT IS NOT VACATED;

(5)  IN THE CASE OF A GENERAL PARTNER WHO IS AN
INDIVIDUAL, THE INDIVIDUAL'S:

(I)  DEATH; OR

(II)  ADJUDICATION BY A COURT OF COMPETENT
JURISDICTION AS INCOMPETENT TO MANAGE HIS PERSON OR HIS
PROPERTY;

(6)  IN THE CASE OF A GENERAL PARTNER WHO IS
ACTING AS A GENERAL PARTNER BY VIRTUE OF BEING A TRUSTEE OF
A TRUST, THE TERMINATION OF THE TRUST (BUT NOT MERELY THE
SUBSTITUTION OF A NEW TRUSTEE);