§ 23-104
55 words·~1 min read·
/md/commercial-law/23-104A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§23–104.
If an operating agreement states that it shall continue for a period of time or until the happening of an event, the operating agreement shall be enforceable between the parties until the expiration of the period of time or the happening of the event unless the operating agreement contains a right of early termination.