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§ 4A-303. Acquisition of real and personal property

West's Annotated Code of MarylandCorporations and Associations

West's Annotated Code of Maryland
Corporations and Associations
Title 4a. Limited Liability Company Act (Refs & Annos)
Subtitle 3. Relations of Limited Liability Company and Members to Third Persons
MD Code, Corporations and Associations, § 4A-303
§ 4A-303. Acquisition of real and personal property
Currentness
Acquisition
(a) Real and personal property owned or purchased by a limited liability company may be acquired in the name of the limited liability company.
Instrument requirements
(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.

Credits

Added by Acts 1992, c. 536.
MD Code, Corporations and Associations, § 4A-303, MD CORP & ASSNS § 4A-303
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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