Md. Code, Corporations and Associations § 4A-405

Md. Code, Corporations and Associations § 4A-405
in effect
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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.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gca&section=4A-405&enactments=falseFetched: 10/16/2026

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