Maryland Code, CORPORATIONS AND ASSOCIATIONS 9A-1109
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Terms Used In Maryland Code, CORPORATIONS AND ASSOCIATIONS 9A-1109
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
- state: means :
(1) a state, possession, territory, or commonwealth of the United States; or
(2) the District of Columbia. See
By doing intrastate, interstate, or foreign business in this State, a foreign limited liability partnership assents to the laws of this State.