PARRIS N. GLENDENING, Governor                             Ch. 654

13-404.

(a) Except as provided under subsection (b) of this section, the Department shall
collect county transfer tax at the rate set by each county for articles of transfer, articles of
consolidation, or articles of merger filed with the Department as required by § 3-107, §
4A-704, § 9-903, or § 10-208 of the Corporations and Associations Article, or other
document filed with the clerk of the circuit court of a county or the Department which
evidences a merger or consolidation of foreign corporations, foreign limited liability
companies, FOREIGN PARTNERSHIPS, or foreign limited partnerships.

(e) (1) Articles of transfer, articles of merger, articles of consolidation or other
document which evidences a merger or consolidation of foreign corporations or foreign
limited liability companies OR FOREIGN PARTNERSHIPS that are subject to county
transfer tax under this section also may be taxable under § 13-202 or § 13-302 of this title
or § 12-102 of this article.

(2) Before a transfer of title may be made under articles of transfer, articles
of merger, articles of consolidation, or other document which evidences a merger or
consolidation of foreign corporations or foreign limited liability companies OR FOREIGN
PARTNERSHIPS for any property for which a property certificate is required under §
3-112 or §. 4A-708 of the Corporations and Associations Article, all recordation and
transfer taxes shall be paid.

SECTION 3. AND BE IT FURTHER ENACTED, That this Act shall be applied
and construed to effectuate its general purpose to make uniform the law with respect to
the subject of this Act among states enacting it.

SECTION 4. AND BE IT FURTHER ENACTED, That if any provision of this Act
or the application thereof to any person or circumstance is held invalid for any reason in
a court of competent jurisdiction, the invalidity does not affect other provisions or any
other application of this Act which can be given effect without the invalid provision or
application, and for this purpose the provisions of this Act are declared severable.

SECTION 5. AND BE IT FURTHER ENACTED, That this Act does not affect an
action or proceeding commenced or right accrued before this Act takes effect, and the
liability of a partner for debts and obligations of the partnership, whether in contract or
in tort, that arises from an act or omission of or contract entered into by the partnership
before this Act takes effect, is not affected by this Act.

SECTION 6. AND BE IT FURTHER ENACTED, That this Act shall take effect
October 1, 1997 July 1, 1998.

Approved May 22, 1997.

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