Maryland Statutes

§ 4A-212

Maryland·Article gca Corporations and Associations·Title 4A
(a)An individual conducting a business as a proprietorship may convert the proprietorship to a limited liability company by filing articles of organization that meet the requirements of § 4A-204 of this subtitle and include the following:
(1)The name of the individual who conducts the proprietorship; and
(2)A description of the property comprising the business to be conducted by the limited liability company.
(b)(1) An individual who becomes a member of a limited liability company as a result of the conversion remains liable for any obligation or liability of the individual incurred or arising before the conversion takes effect, to the extent that the individual would have been obligated or liable if the conversion had not occurred.
(2)

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Nearby Sections

15
§ 4A-1001
§ 4A-1001
§ 4A-1002
§ 4A-1002
§ 4A-1003
§ 4A-1003
§ 4A-1004
§ 4A-1004
§ 4A-1005
§ 4A-1005
§ 4A-1006
§ 4A-1006
§ 4A-1007
§ 4A-1007
§ 4A-1008
§ 4A-1008
§ 4A-1009
§ 4A-1009
§ 4A-101
§ 4A-101
§ 4A-1010
§ 4A-1010
§ 4A-1011
§ 4A-1011
§ 4A-1012
§ 4A-1012
§ 4A-1013
§ 4A-1013
§ 4A-102
§ 4A-102
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