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2020 Maryland Statutes
Corporations and Associations
Title 4A - Limited Liability Company Act
Subtitle 3 - Relations of Limited Liability Company and Members to Third Persons
Section 4A-303 - Limited Liability Company Property
Universal Citation: MD. Corporations and Associations Code Ann. § 4A-303 (2020)
(a) Real and personal property owned or purchased by a limited liability company may be acquired in the name of the limited liability company.
(b) 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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