§ 4A–209
Statutes in effect as of October 1, 2026.
Md. Code Ann., Corps. & Ass'ns § 4A-209 (2026)
Title 4A. Limited Liability Company Act
Subtitle 2. Formation and Powers
§ 4A–209LinkCopy Citation
(a)
The exclusive right to use a specified name for a domestic or foreign limited liability company may be reserved by:
(1)
A person who intends to organize a domestic limited liability company;
(2)
A domestic limited liability company that proposes to change its name;
(3)
A foreign limited liability company that intends to register to do business in this State; or
(4)
A foreign limited liability company registered to do business in this State that proposes to change its name.
(b)
(1)
A person may reserve a specified name by filing a signed application with the Department.
(2)
If the Department finds that the name is available for use by a limited liability company, the Department shall reserve the name for 30 days for the exclusive use of the applicant.
(c)
The exclusive right to use a reserved name may be transferred to another person by filing with the Department a notice of the transfer which specifies the name and address of the transferee and is signed by the applicant for whom the name was reserved.