Md. Code, Corp. & Ass'ns § 4A-605

Current with changes from the 2023 Legislative Session
Section 4A-605 - Withdrawal of member
(a) Unless otherwise agreed, a member may withdraw from a limited liability company prior to the dissolution and winding up of the limited liability company by giving not less than 6 months' prior written notice to the other members at their respective addresses as shown on the books and records of the limited liability company.
(b) The operating agreement may provide that a member may not withdraw or otherwise place limits on the ability of a member to withdraw.

Md. Code, CA § 4A-605

Amended by 2013 Md. Laws, Ch. 42,Sec. 1, eff. 4/9/2013.