Ch. 11                                    LAWS OF MARYLAND

partnerships may elect to be governed by the provisions of the
Maryland Revised Uniform Limited Partnership Act before the
extended effective date by filing with the Department one of the
following documents which specifically states that the limited
partnership is electing to be bound by the Maryland Revised
Uniform Limited Partnership Act before July 1, 1985:

(i) For a Maryland limited partnership:

1.  An initial certificate; or

2.  A certificate of amendment; OR

(ii) For a foreign limited partnership, an
application for registration.

DRAFTER'S NOTE: This corrects the omission of conjunctions
in § 10-1104 of the Corporations and Associations
Article.

The conjunction, "and", was omitted from Ch. 801 of
the Acts of 1981. The disjunctive conjunction, "or",
was omitted from Chs. 507 and 508 of the Acts of 1983.

The omission of the conjunction "and" was noted by the
professional staff of the Legislative Division of the
Department of Legislative Reference. The omission of
the disjunctive conjunction "or" was noted by the
Computer Division of the Department of Legislative
Reference.

11-101.

(h) "Issuer" means any person who issues or proposes to
issue a security, except that:

(1)  With respect to certificates of deposit,
voting-trust certificates, or collateral-trust certificates or
with respect to certificates of interest or shares in an
unincorporated investment trust not having a board of directors
or persons performing similar functions or of the fixed,
restricted management, or unit type, the term "issuer" means the
person performing the acts and assuming the duties of depositor
or manager under the provisions of the trust or other agreement
or instrument under which the security is issued; and

(2)  With respect to certificates of interest or
participation in oil, gas, or mining titles or leases or in
payments out of production under the titles or leases, there is
not considered to be any ["issuer."] "ISSUER".

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