§ 3-101

Maryland § 3-101

• Jurisdiction: Maryland
• Article gca: Corporations and Associations
• Title: 3

Text

(a) In this subtitle the following words have the meanings indicated.

(b) “Domestic business trust” or “business trust” means a business trust formed under the laws of the State.

(c) “Domestic limited liability company” or “limited liability company” means a limited liability company formed under the laws of the State.

(d) “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.

(e) “Domestic partnership” or “partnership” means a partnership formed under the laws of the State.

(f) “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.

(g) “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.

(h) “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.

(i) “Foreign partnership” means a partnership formed under the laws of any state, other than this State, or under the laws of a foreign country.

(j) “Interest in land” means any interest in real property, the title to which could be affected by recording an instrument in the land records.