Unless otherwise agreed, a member may lend money to and transact other business with the limited liability company and has the same rights and obligations with respect to the transaction as a person who is not a member.
Md. Code Ann., Corps. & Ass'ns § 4A-405
Known as the Maryland Limited Liability Company Act
The act spans §§ 4A-1001 to 4A-920 (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.