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2005 LAWS OF MARYLAND
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Ch. 586
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(2) Change the name or other designation or the parvalue of any class or
series of stock of the corporation and the aggregate parvalue of the stock of the
corporation.
3-101.
(a) In this subtitle the following words have the meanings indicated.
(b) ["Foreign corporation" means a corporation organized under the laws of
the United States, another state of the United States, or a territory, possession, or
district of the United States, or under the laws of a foreign country.
(c)] "Interest in land" means any interest in real property, the title to which
could be affected by recording an instrument in the land records.
[(d)] (C) "Business trust" means an unincorporated trust or association,
including a common-law trust, Massachusetts trust, or Maryland real estate
investment trust as defined in § 8-101(b) of this article, which is engaged in business
and in which property is acquired, held, managed, administered, controlled, invested,
or disposed of by trustees for the benefit and profit of any person who may become a
holder of a transferable unit of beneficial interest in the trust.
[(e)] (D) "Foreign business trust" means a business trust organized under the
laws of the United States, another state of the United States, or a territory,
possession, or district of the United States, or under the laws of a foreign country.
[(f)] (E) "Domestic limited partnership" or "limited partnership" means a
partnership formed by 2 or more persons under the laws of the State and having one
or more general partners and one or more limited partners.
[(g)] (F) "Foreign limited partnership" means a partnership formed under the
laws of any state other than the State of Maryland or under the laws of a foreign
country and having as partners one or more general partners and one or more limited
partners.
[(h)] (G) "Domestic limited liability company" or "limited liability company"
means a limited liability company formed under the laws of the State.
[(i)] (H) "Foreign limited liability company" means a limited liability company
formed under the laws of any state, other than the State of Maryland, or under the
laws of a foreign country.
[(j)] (I) "Domestic partnership" or "partnership" means a partnership formed
under the laws of the State.
[(k)] (J) "Foreign partnership" means a partnership formed under the laws of
any state, other than this State, or under the laws of a foreign country.
8-102.
A real estate investment trust is a permitted form of unincorporated BUSINESS
trust or association, and may conduct business in the State in accordance with this
title.
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