Md. Code, Corporations and Associations § 4A–303
Where this section sits in the code
- Article - Corporations and Associations
(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.
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