A limited liability company may be organized under this title and may conduct activities in any state related to any lawful business, purpose, investment, or activity, whether or not for profit, except the business of acting as an insurer.
Md. Code Ann., Corps. & Ass'ns § 4A-201
Known as the Maryland Limited Liability Company Act
The act spans §§ 4–4 (127 sections).
Official source: Maryland General Assembly. Reproduced from public-domain Maryland statutes; confirm against the official source for the current text. Not legal advice.