There is a newer version of the Maryland Code
Maryland Commercial Law Section 23-105
§ 23-105.
  (a)   The covenant of good faith and fair dealing shall be implied in an operating agreement unless the operating agreement states that a party may perform a duty or obligation in the party's sole discretion.
  (b)   Unless an operating agreement contains a covenant or other provision that specifically incorporates a duty into the operating agreement, no duties shall be implied under the operating agreement.
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