Section 901 - Merger in general. - Maryland Statutes

§ 9A-901. Merger in general.
 

(a)  Entities generally.- Unless the partnership agreement provides otherwise, a partnership may be a party to a statutory merger pursuant to this subtitle and may merge into one or more: 

(1) Partnerships; 

(2) Limited liability companies; 

(3) Limited partnerships; 

(4) Corporations having capital stock; or 

(5) Business trusts having transferable units of beneficial interest. 

(b)  Entities having transferable capital stock or transferable interest.- One or more partnerships, limited liability companies, limited partnerships, corporations having capital stock, or business trusts having transferable units of beneficial interest may merge into a partnership. 

(c)  Filings required.- Before a partnership may be a party to a statutory merger pursuant to this subtitle, such partnership must have on file with the Department either (1) a statement of authority filed pursuant to § 9A-303 of this title or (2) a certificate of limited liability partnership filed pursuant to § 9A-1001 of this title. 

(d)  Merger by agreement or operation of law.- The statutory merger provisions of this subtitle do not preclude a partnership from being converted or merged by agreement or by operation of law. 
 

[1997, ch. 654, § 2; 1998, ch. 743, §§ 1, 3.]