Maryland Corporations and Associations Section 4A-209

Article - Corporations and Associations

§ 4A-209.

      (a)      The exclusive right to use a specified name for a domestic or foreign limited liability company may be reserved by:

            (1)      A person who intends to organize a domestic limited liability company;

            (2)      A domestic limited liability company that proposes to change its name;

            (3)      A foreign limited liability company that intends to register to do business in the State of Maryland; or

            (4)      A foreign limited liability company registered to do business in the State of Maryland that proposes to change its name.

      (b)      (1)      A person may reserve a specified name by filing a signed application with the Department.

            (2)      If the Department finds that the name is available for use by a limited liability company, the Department shall reserve the name for 30 days for the exclusive use of the applicant.

      (c)      The exclusive right to use a reserved name may be transferred to another person by filing with the Department a notice of the transfer which specifies the name and address of the transferee and is signed by the applicant for whom the name was reserved.



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