Section 4A-919 – Penalties for Transacting Business
(a) Any person that transacts business in the name or for the account of a limited liability company knowing that its right to do business in Maryland has been forfeited and has not been reinstated is guilty of a misdemeanor and on conviction is subject to a fine of not more than $500. (b) A prosecution for […]
Section 4A-920 – No Bar to Valid Acts or Defense of Suit
The forfeiture of the right to do business in Maryland and the right to the use of the name of the limited liability company under this title does not impair the validity of a contract or act of the limited liability company entered into or done either before or after the forfeiture, or prevent the […]
Section 4A-911 – Failure to Pay Taxes or Required Contributions; Proclamation
(a) (1) Except with respect to a tax collectable locally, immediately after September 30 of each year, the State Comptroller shall certify to the Department a list of every Maryland limited liability company that has not paid a tax due before October 1 of the year after the tax became due. (2) When the Comptroller certifies the list […]
Section 4A-912 – Notice of Proclamation; Reinstatement Upon Payment
(a) Within ten days after the issuance of the proclamation, the Department shall mail notice of the proclamation to each limited liability company named in it. The notice shall be addressed to the limited liability company at its mailing address on file with the Department or, if none, at any other address appearing on the records […]
Section 4A-913 – Corrective Proclamation
(a) If the Department is satisfied that a limited liability company named in the proclamation has not failed to pay the tax, unemployment insurance contributions, or reimbursement payments, or file the report within the period specified in § 4A–911 of this subtitle, or that it has been mistakenly reported to the Department by the State Comptroller […]
Section 4A-914 – Effect on Other Laws
This subtitle does not repeal, supersede, or in any manner affect any remedy or provision of law: (1) For the collection of taxes, unemployment insurance contributions, or reimbursement payments and the interest and penalties due on them; or (2) To compel the filing of annual reports.
Section 4A-915 – Articles of Reinstatement — Filing
The authority to do business in Maryland of any limited liability company that is forfeited for nonpayment of taxes, unemployment insurance contributions, or reimbursement payments or failure to file an annual report may be reinstated by filing articles of reinstatement with the Department.
Section 4A-916 – Articles of Reinstatement — Contents
Articles of reinstatement shall include: (1) The name of the limited liability company at the time its right to do business in Maryland was forfeited; (2) The name that the limited liability company will use after reinstatement, which shall comply with the provisions of this article with respect to limited liability company names; (3) The address of the […]
Section 4A-901 – Dissolution
(a) The dissolution of a limited liability company is a change in the relationship between the members, not the winding up or the termination of the limited liability company. (b) On dissolution, the limited liability company is not terminated but continues until terminated in accordance with § 4A-908 of this subtitle.
Section 4A-917 – Articles of Reinstatement — Conditions of Acceptance
The Department may not accept articles of reinstatement for record unless: (1) All annual reports required to be filed by the limited liability company or which would have been required if the right to do business in Maryland had not been forfeited are filed; and (2) Unemployment insurance contributions or reimbursement payments, all State and local taxes, […]