GroundRules
← Search the law
Maryland · Through 2026-01-01

Md. Code, Commercial Law § 23–105

Read at publisher ↗
Where this section sits in the code
  1. Article - Commercial Law

(a) The covenant of good faith and fair dealing shall be implied in an operating agreement unless the operating agreement states that a party may perform a duty or obligation in the party’s sole discretion.

(b) Unless an operating agreement contains a covenant or other provision that specifically incorporates a duty into the operating agreement, no duties shall be implied under the operating agreement.

Collected 2026-09-14T19:56:33Z. Source file · JSON

Browse this collection