§ 4A–405
Statutes in effect as of October 1, 2026.
Md. Code Ann., Corps. & Ass'ns § 4A-405 (2026)
Title 4A. Limited Liability Company Act
Subtitle 4. Relationship of Members to Each Other
§ 4A–405LinkCopy Citation
Unless otherwise agreed, a member may lend money to and transact other business with the limited liability company and has the same rights and obligations with respect to the transaction as a person who is not a member.