Maryland Code § CA-10-703

Section CA-10-703
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(a) An assignee of a partnership interest, including an assignee of a general
partner, may become a limited partner if and to the extent that:
(1) The assignor gives the assignee that right in accordance with
authority described in the partnership agreement; or
(2) All other partners consent.
(b) An assignee who has become a limited partner has, to the extent
assigned, the rights and powers, and is subject to the restrictions and liabilities, of a
limited partner under the partnership agreement and this title. An assignee who
becomes a limited partner also is liable for the obligations of his assignor to make and
return contributions as provided in Subtitle 5 and Subtitle 6 of this title. However,
the assignee is not obligated for liabilities unknown to the assignee at the time he
became a limited partner and which could not be ascertained from the certificate or
the partnership agreement.
(c) If an assignee of a partnership interest becomes a limited partner, the
assignor is not released from his liability to the limited partnership under §§ 10-502
and 10-608 of this title.

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