There is a newer version of the Maryland Code
2013 Maryland Code
CORPORATIONS AND ASSOCIATIONS
§ 4A-405 - Business transactions of member with limited liability company
MD Corp & Assn Code § 4A-405 (2013) What's This?
Unless otherwise agreed, a member may lend money to and transact other business with the limited liability company and has the same rights and obligations with respect to the transaction as a person who is not a member.
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