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§ 9A-1016. No bar to valid acts or defense of suit

West's Annotated Code of MarylandCorporations and Associations

West's Annotated Code of Maryland
Corporations and Associations
Title 9a. Revised Uniform Partnership Act (Refs & Annos)
Subtitle 10. Limited Liability Partnerships
MD Code, Corporations and Associations, § 9A-1016
§ 9A-1016. No bar to valid acts or defense of suit
Currentness
The forfeiture of the right to do business in Maryland and the right to the use of the name of the limited liability partnership under this title does not:
(1) Impair the validity of a contract or act of the limited liability partnership entered into or done either before or after the forfeiture, or prevent the limited liability partnership from defending any action, suit, or proceeding in a court of this State; and
(2) Cause a partner of a limited liability partnership to have personal liability for any debts, obligations, or liabilities of or chargeable to the partnership or another partner, except to the extent otherwise provided under § 9A-306 of this title.

Credits

Added as Corporations and Associations § 9-1016 by Acts 1997, c. 654, § 2, eff. July 1, 1998. Renumbered as Corporations and Associations § 9A-1016 by Acts 1998, c. 743, § 1, eff. June 1, 1998.
MD Code, Corporations and Associations, § 9A-1016, MD CORP & ASSNS § 9A-1016
Current through legislation effective through April 9, 2023, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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