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Session Laws, 1981
Volume 741, Page 3049   View pdf image
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HARRY HUGHES, Governor

3049

(2) A FOREIGN LIMITED PARTNERSHIP MAY NOT BE
DENIED REGISTRATION BY REASON OF ANY DIFFERENCE BETWEEN
THOSE LAWS AND THE LAWS OF THIS STATE.

(B) DOING BUSINESS. A FOREIGN LIMITED PARTNERSHIP MAY
NOT DO ANY KIND OF INTRASTATE, INTERSTATE, OR FOREIGN
BUSINESS IN THIS STATE WHICH THE LAWS OF THIS STATE PROHIBIT
A DOMESTIC LIMITED PARTNERSHIP FROM DOING.

COMMENT

This section is new, but the last sentence is derived
from § 7-102 of this article. Previous Maryland law made no
provision for foreign limited partnerships and this subtitle
is an attempt to treat them in a way comparable to the
treatment afforded foreign corporations, by integrating
these provisions with Title 7 of this article.

10-902. REGISTRATION.

BEFORE DOING ANY INTERSTATE, INTRASTATE, OR FOREIGN
BUSINESS IN THIS STATE, A FOREIGN LIMITED PARTNERSHIP SHALL
REGISTER WITH THE DEPARTMENT. IN ORDER TO REGISTER, A
FOREIGN LIMITED PARTNERSHIP SHALL SUBMIT TO THE DEPARTMENT
AN APPLICATION FOR REGISTRATION AS A FOREIGN LIMITED
PARTNERSHIP, EXECUTED BY A GENERAL PARTNER AND SETTING
FORTH:

(1)  THE NAME OF THE FOREIGN LIMITED PARTNERSHIP
AND, IF DIFFERENT, THE NAME UNDER WHICH IT PROPOSES TO
REGISTER AND DO BUSINESS IN THIS STATE;

(2)  THE STATE OR COUNTRY UNDER WHOSE LAWS IT WAS
FORMED AND THE DATE OF ITS FORMATION;

(3)  THE GENERAL CHARACTER OF THE BUSINESS IT
PROPOSES TO TRANSACT IN THIS STATE;

(4)  THE NAME AND ADDRESS OF ITS RESIDENT AGENT

IN THIS STATE;

(5)  A STATEMENT THAT THE DEPARTMENT IS APPOINTED
THE RESIDENT AGENT OF THE FOREIGN LIMITED PARTNERSHIP IF NO
RESIDENT AGENT HAS BEEN APPOINTED UNDER PARAGRAPH (4) OR, IF
APPOINTED, THE RESIDENT AGENT'S AUTHORITY HAS BEEN REVOKED
OR IF THE AGENT CANNOT BE FOUND OR SERVED WITH THE EXERCISE
OF REASONABLE DILIGENCE;

(6)  THE ADDRESS OF THE OFFICE REQUIRED TO BE
MAINTAINED IN THE STATE OR COUNTRY OF ITS ORGANIZATION BY
THE LAWS OF THAT JURISDICTION OR, IF NOT SO REQUIRED, OF THE
PRINCIPAL OFFICE OF THE FOREIGN LIMITED PARTNERSHIP; AND

(7)  IF THE CERTIFICATE OR SIMILAR INSTRUMENT OF
THE STATE OR FOREIGN COUNTRY UNDER WHICH THE LIMITED
PARTNERSHIP IS ORGANIZED IS NOT FILED IN A PUBLIC RECORD IN

 

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Session Laws, 1981
Volume 741, Page 3049   View pdf image
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