(a) Unless otherwise agreed, the remaining members of a limited liability company or, if the company has no remaining members, the personal representative, guardian, or other successor to the last remaining member of the company may wind up the affairs of the limited liability company.
(b) Notwithstanding the provisions of subsection (a) of this section, the circuit court of the county in which the principal office of the limited liability company is located, on cause shown after dissolution, may wind up the limited liability company’s affairs on application of any member or, if the limited liability company has no remaining members, on application of the personal representative, guardian, or other successor to the last remaining member of the limited liability company.
Structure Maryland Statutes
Title 4A - Limited Liability Company Act
Subtitle 9 - Dissolution, Forfeiture, and Reinstatement
Section 4A-902 - Causes of Dissolution; Continuation
Section 4A-903 - Judicial Dissolution
Section 4A-905 - Effect of Dissolution on Authority of Members
Section 4A-906 - Distribution of Assets
Section 4A-907 - Articles of Dissolution; Articles of Continuation
Section 4A-908 - Time Termination Effective
Section 4A-909 - Contents of Articles of Cancellation
Section 4A-910 - Filing Articles of Cancellation With Department
Section 4A-911 - Failure to Pay Taxes or Required Contributions; Proclamation
Section 4A-912 - Notice of Proclamation; Reinstatement Upon Payment
Section 4A-913 - Corrective Proclamation
Section 4A-914 - Effect on Other Laws
Section 4A-915 - Articles of Reinstatement -- Filing
Section 4A-916 - Articles of Reinstatement -- Contents
Section 4A-917 - Articles of Reinstatement -- Conditions of Acceptance
Section 4A-918 - Articles of Reinstatement -- Acceptance as Evidence of Compliance