There is a newer version
of
this Section
2019 Maryland Code
Corporations and Associations
Title 4A - Limited Liability Company Act
Subtitle 6 - Membership
§ 4A-605. Withdrawal of member
Universal Citation:
MD Corp & Assn Code § 4A-605 (2019)
Learn more
This media-neutral citation is based
on the American Association of Law Libraries Universal Citation Guide and is not
necessarily the official citation.
(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.
Disclaimer: These codes may not be the most recent version. Maryland may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.