§ 4A–303
Statutes in effect as of October 1, 2026.
Md. Code Ann., Corps. & Ass'ns § 4A-303 (2026)
Title 4A. Limited Liability Company Act
Subtitle 3. Relations of Limited Liability Company and Members to Third Persons
§ 4A–303LinkCopy Citation
(a)
Real and personal property owned or purchased by a limited liability company may be acquired in the name of the limited liability company.
(b)
An instrument or document for the acquisition, mortgage, or disposition of property of the limited liability company shall be valid and binding upon the limited liability company if executed by 1 or more authorized persons.