Maryland Code > CORPORATIONS AND ASSOCIATIONS > Title 4A > Subtitle 3 – Relations of Limited Liability Company and Members to Third Persons
Current as of: 2023 | Check for updates
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Other versions
| § 4A-301 | Liability to third persons |
| § 4A-301.1 | Liability for negligence in rendering professional services |
| § 4A-302 | Parties to actions |
| § 4A-303 | Limited liability company property |
Terms Used In Maryland Code > CORPORATIONS AND ASSOCIATIONS > Title 4A > Subtitle 3 - Relations of Limited Liability Company and Members to Third Persons
- Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
- Contract: A legal written agreement that becomes binding when signed.
- Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
- including: means includes or including by way of illustration and not by way of limitation. See
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
- Personal property: All property that is not real property.
- Tort: A civil wrong or breach of a duty to another person, as outlined by law. A very common tort is negligent operation of a motor vehicle that results in property damage and personal injury in an automobile accident.