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§ 4A-605. Procedure for withdrawal

West's Annotated Code of MarylandCorporations and AssociationsEffective: April 9, 2013

West's Annotated Code of Maryland
Corporations and Associations
Title 4a. Limited Liability Company Act (Refs & Annos)
Subtitle 6. Membership
Effective: April 9, 2013
MD Code, Corporations and Associations, § 4A-605
§ 4A-605. Procedure for withdrawal
(a) Unless otherwise agreed, a member may withdraw from a limited liability company prior to the dissolution and winding up of the limited liability company by giving not less than 6 months' prior written notice to the other members at their respective addresses as shown on the books and records of the limited liability company.
(b) The operating agreement may provide that a member may not withdraw or otherwise place limits on the ability of a member to withdraw.


Added by Acts 1992, c. 536. Amended by Acts 2012, c. 599, § 1, eff. Oct. 1, 2012; Acts 2012, c. 600, § 1, eff. Oct. 1, 2012; Acts 2013, c. 42, § 1, eff. April 9, 2013.
MD Code, Corporations and Associations, § 4A-605, MD CORP & ASSNS § 4A-605
Current through legislation effective through May 9, 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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