Md. Code Ann., Corps. & Ass'ns § 9A-1016
No bar to valid acts or defense of suit
Effective Jul 1, 1998Added as Corporations and Associations § 9-1016 by Acts 1997, c. 654, § 2, eff. July 1, 1998. Renumbered as Corporations and Associations § 9A-1016 by Acts 1998, c. 743, § 1, eff. June 1, 1998.State of Maryland
- (1) Impair the validity of a contract or act of the limited liability partnership entered into or done either before or after the forfeiture, or prevent the limited liability partnership from defending any action, suit, or proceeding in a court of this State; and
- (2) Cause a partner of a limited liability partnership to have personal liability for any debts, obligations, or liabilities of or chargeable to the partnership or another partner, except to the extent otherwise provided under § 9A-306 of this title.
The forfeiture of the right to do business in Maryland and the right to the use of the name of the limited liability partnership under this title does not:
Added as Corporations and Associations § 9-1016 by Acts 1997, c. 654, § 2, eff. July 1, 1998. Renumbered as Corporations and Associations § 9A-1016 by Acts 1998, c. 743, § 1, eff. June 1, 1998.