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PARRIS N. GLENDENING, Governor Ch. 692
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county transfer tax exemption for certain transfers of real property from certain
entities to a limited liability company.
BY repealing and reenacting, without amendments,
Article - Corporations and Associations
Section 4A-101(a), (m), and (r)
Annotated Code of Maryland
(1999 Replacement Volume)
BY repealing and reenacting, with amendments,
Article - Corporations and Associations
Section 4A-211
Annotated Code of Maryland
(1999 Replacement Volume)
BY repealing and reenacting, with amendments,
Article - Tax - Property
Section 12-108(y)
Annotated Code of Maryland
(1994 Replacement Volume and 1999 Supplement)
BY repealing and reenacting, without amendments,
Article - Tax - Property
Section 13-207(a)(18) and 13-405(c)
Annotated Code of Maryland
(1994 Replacement Volume and 1999 Supplement)
SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That the Laws of Maryland read as follows:
Article - Corporations and Associations
4A-101.
(a) In this title the following terms have the meanings indicated.
(m) "Limited partnership" means a Maryland limited partnership or foreign
limited partnership as defined in § 10-101 of this article.
(r) "Partnership'' means a partnership formed under the laws of this State,
any other state, or under the laws of a foreign country.
4A-211.
(a) A [general partnership formed under the provisions of Title 9 of this article
or a limited partnership formed under the provisions of Title 10 of this article]
PARTNERSHIP may convert to a limited liability company by filing articles of
organization that meet the requirements of § 4A-204 of this subtitle and include the
following:
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- 3537 -
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