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Unannotated Code of Maryland (Last Updated: May 16, 2014) |
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CORPORATIONS AND ASSOCIATIONS |
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TITLE 4A. LIMITED LIABILITY COMPANY ACT |
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SUBTITLE 9. DISSOLUTION, FORFEITURE, AND REINSTATEMENT |
§ 4A-920. No bar to valid acts or defense of suit
Latest version.
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The forfeiture of the right to do business in Maryland and the right to the use of the name of the limited liability company under this title does not impair the validity of a contract or act of the limited liability company entered into or done either before or after the forfeiture, or prevent the limited liability company from defending any action, suit, or proceeding in a court of this State.