Ch. 654                                    1997 LAWS OF MARYLAND

(1)     The person's withdrawal from the limited partnership as provided in §
10-602 OF THIS TITLE;

(2)     The person's removal as a general partner in accordance with the
partnership agreement;

(3)     Unless otherwise provided in the partnership agreement 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 partnership agreement 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);

(7)     In the case of a general partner that is a separate partnership OR
LIMITED PARTNERSHIP, the dissolution and commencement of winding up of the
separate partnership OR LIMITED PARTNERSHIP;

(8)     In the case of a general partner that is a corporation, the dissolution of
the corporation or the revocation of its charter; or

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