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§ 4A-1202. Application of subtitle

West's Annotated Code of MarylandCorporations and AssociationsEffective: October 1, 2013

West's Annotated Code of Maryland
Corporations and Associations
Title 4a. Limited Liability Company Act (Refs & Annos)
Subtitle 12. Benefit Limited Liability Companies (Refs & Annos)
Effective: October 1, 2013
MD Code, Corporations and Associations, § 4A-1202
Formerly cited as MD Code, Corporations and Associations, § 4A-1102
§ 4A-1202. Application of subtitle
Currentness
Exceptions
(a) The provisions of this title apply to benefit limited liability companies except to the extent that:
(1) The context of a provision clearly requires otherwise; or
(2) A specific provision of this title provides otherwise.
Application to benefit limited liability company
(b) This subtitle applies only to a benefit limited liability company.
Other applicable laws
(c)(1) The existence of a provision of this subtitle does not of itself create any implication that a contrary or different rule of law is or would be applicable to a limited liability company that is not a benefit limited liability company.
(2) This subtitle does not affect any statute or rule of law as it applies to a limited liability company that is not a benefit limited liability company.
Inconsistent articles or agreements
(d) A provision of the articles of organization or operating agreement of a benefit limited liability company may not be inconsistent with any provision of this subtitle.

Credits

Added as Corporations and Associations § 4A-1102 by Acts 2011, c. 500, § 2, eff. June 1, 2011; Acts 2011, c. 501, § 2, eff. June 1, 2011. Renumbered as Corporations and Associations § 4A-1202 by Acts 2013, c. 527, § 1, eff. Oct. 1, 2013; Acts 2013, c. 528, § 1, eff. Oct. 1, 2013.
MD Code, Corporations and Associations, § 4A-1202, MD CORP & ASSNS § 4A-1202
Current through legislation effective through July 1, 2024, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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