§ 4A-303
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/md/corporations-and-associations/4a-303·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§4A–303.
(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.