§ 4A-204. Articles of organization  


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  •    (a) Contents. -- The articles of organization shall set forth:

       (1) The name of the limited liability company;

       (2) The address of its principal office in this State and the name and address of its resident agent; and

       (3) Any other provision, not inconsistent with law, which the members elect to set out in the articles, including, but not limited to, a statement that the authority of members to act for the limited liability company solely by virtue of their being members is limited.

    (b) Exclusions. -- It is not necessary to set out in the articles of organization any of the powers enumerated in this title.

    (c) Amendments. -- An amendment to the articles of organization shall be:

       (1) In writing;

       (2) Unless otherwise agreed, approved by unanimous consent of the members;

       (3) Executed under the provisions of § 4A-206 of this subtitle; and

       (4) Filed for record with the Department.


HISTORY: 1992, ch. 536; 1997, ch. 659, § 1; 2012, chs. 599, 600.