§ 4A-1001. Governing law

Latest version.

   (a) Law of organizational state. -- Subject to the Constitution of this State:

   (1) The laws of the state under which a foreign limited liability company is organized govern its organization, internal affairs, and the liability of its members; and

   (2) A foreign limited liability company may not be denied registration by reason of any difference between those laws and the laws of this State.

(b) Doing business. -- A foreign limited liability company may not do any kind of intrastate, interstate, or foreign business in this State which the laws of this State prohibit a domestic limited liability company from doing.

HISTORY: 1992, ch. 536.

                    
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