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Session Laws, 1995
Volume 793, Page 2188   View pdf image
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Ch. 295                                    1995 LAWS OF MARYLAND

(B)     UNLESS THE DEPARTMENT EXCUSES A REASONABLE DELAY FOR GOOD
CAUSE SHOWN, THE FORFEITURE IS EFFECTIVE 15 DAYS AFTER WRITTEN NOTICE OF
FORFEITURE FROM THE DEPARTMENT, WITHOUT PROCEEDINGS OF ANY KIND
EITHER AT LAW OR IN EQUITY.

(C)     THE DEMAND FOR A DELINQUENT REPORT OR LATE FILING PENALTIES
AND THE NOTICE OF FORFEITURE SHALL BE ADDRESSED TO THE LIMITED
LIABILITY COMPANY:

(1)     AT ITS ADDRESS ON FILE WITH THE DEPARTMENT; OR

(2)     IF IT HAS NO ADDRESS ON FILE WITH THE DEPARTMENT, IN CARE
OF THE. SECRETARY OF STATE, OR CORRESPONDING OFFICIAL OF THE PLACE
WHERE IT WAS ORGANIZED OR IS EXISTING, IF KNOWN TO THE DEPARTMENT.

(D)     ON FORFEITURE OF ITS RIGHT TO DO BUSINESS IN THIS STATE, THE
FOREIGN LIMITED LIABILITY COMPANY IS SUBJECT TO THE SAME RULES, LEGAL
PROVISIONS, AND SANCTIONS AS IF IT HAD NEVER QUALIFIED OR BEEN LICENSED
TO DO BUSINESS IN THIS STATE.

9-803.

[(a)]The name of each limited liability partnership as set forth in the certificate of
limited liability partnership:

(1)     Shall contain either the words "limited liability partnership" or the
abbreviation "L.L.P." or "LLP" as the last words or letters of its name;

(2)     May not contain any word or phrase which indicates or implies that it is
organized for any purpose not stated in its certificate of limited liability partnership; and

(3)     May not be the same as or misleadingly similar to:

(i) The name of any corporation, limited partnership, limited liability
company, or limited liability partnership organized under the laws of this State;

(ii) The name of any foreign corporation, foreign limited partnership,
foreign limited liability company, or foreign limited liability partnership registered or
qualified to do business in this State; or

(iii) Any name which is reserved or registered under § 2-107, § 4A-209,
§ 7-101, § 9-804, § 10-103, or § 10-904 or recorded under § 1-406 of this article.

[(b) (1) Every 5 years following the year in which the limited liability partnership
is registered, each limited liability partnership shall file by September 15 a form provided
by the Department affirming that the limited liability partnership 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 certificate of limited liability partnership.]

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Session Laws, 1995
Volume 793, Page 2188   View pdf image
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