WILLIAM DONALD SCHAEFER, Governor                         Ch. 566

(2) if the Treasurer or designee fails to give notice of a final decision within
6 months after the filing of the claim.

SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall be construed only
prospectively and may not be applied or interpreted to have any effect on or application to any
cause of action arising before the effective date of this Act.

SECTION 2. 3. AND BE IT FURTHER ENACTED, That this Act shall take effect
October 1, 1994.

Approved May 26, 1994.

CHAPTER 566
(House Bill 488)

AN ACT concerning

Limited Liability Companies and Limited Partnerships - Filings and Names

FOR the purpose of clarifying that limited liability companies and limited partnerships
must periodically file a certain affirmation with the Department of Assessments and
Taxation; prohibiting the use of a limited partnership name that is the same as or
misleadingly similar to a limited liability company; and generally relating to limited
liability companies and limited partnerships.

BY repealing and reenacting, with amendments,
Article - Corporations and Associations
Section 4A-208(b) and 10-102
Annotated Code of Maryland
(1993 Replacement Volume)

SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That the Laws of Maryland read as follows:

Article - Corporations and Associations

4A-208.

(b) (1) Every 5 years following the year in which the limited liability company
[is formed] FILED ITS ARTICLES OF ORGANIZATION, each limited liability company
shall file by September 15 a form provided by the Department affirming that the limited
liability company is actively engaged in the business for which it was formed.

(2) A failure to file the affirmation on time shall result in forfeiture of the
right to use the name set forth' in the articles of organization.

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