2013 Maryland Code
CORPORATIONS AND ASSOCIATIONS
§ 4A-303 - Limited liability company property
(a) Acquisition. -- Real and personal property owned or purchased by a limited liability company may be acquired in the name of the limited liability company.
(b) Binding effect of documentation. -- 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.
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