Definitions

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    (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.


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