(a) A limited liability company may elect to be a benefit limited liability company under this subtitle by including in its articles of organization a statement that the limited liability company is a benefit limited liability company.
(b) The name of a domestic benefit limited liability company or a foreign benefit limited liability company authorized to transact business in this State must comply with Title 1, Subtitle 5 of this article.
Structure Maryland Statutes
Title 4A - Limited Liability Company Act
Subtitle 12 - Benefit Limited Liability Companies
Section 4A-1201 - Applicability of Provisions to Foreign and Interstate Commerce
Section 4A-1202 - Severability
Section 4A-1204 - Clear References to Status as Benefit Limited Liability Company
Section 4A-1205 - Termination of Status
Section 4A-1206 - Purpose of Creating General or Specific Public Benefit