(a) The exclusive right to use a specified name for a domestic or foreign limited liability company may be reserved by:
(1) A person who intends to organize a domestic limited liability company;
(2) A domestic limited liability company that proposes to change its name;
(3) A foreign limited liability company that intends to register to do business in this State; or
(4) A foreign limited liability company registered to do business in this State that proposes to change its name.
(b) (1) A person may reserve a specified name by filing a signed application with the Department.
(2) If the Department finds that the name is available for use by a limited liability company, the Department shall reserve the name for 30 days for the exclusive use of the applicant.
(c) The exclusive right to use a reserved name may be transferred to another person by filing with the Department a notice of the transfer which specifies the name and address of the transferee and is signed by the applicant for whom the name was reserved.
Structure Maryland Statutes
Title 4A - Limited Liability Company Act
Subtitle 2 - Formation and Powers
Section 4A-203.1 - Authority of Regulatory Bodies Which License Professionals Not Restricted
Section 4A-204 - Articles of Organization
Section 4A-205 - Certificate of Correction
Section 4A-206 - Execution of Articles and Certificates
Section 4A-207 - Filing With the Department
Section 4A-209 - Reservation of Name; Transfer of Reserved Name
Section 4A-210 - Principal Office and Resident Agent
Section 4A-212 - Conversion of Individual Proprietorship to Limited Liability Company
Section 4A-213 - Effect of Converting Partnership to Limited Liability Company