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Session Laws, 2004
Volume 801, Page 1103   View pdf image
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ROBERT L. EHRLICH, JR., Governor

Ch. 293

23-104.

IF AN OPERATING AGREEMENT STATES THAT IT SHALL CONTINUE FOR A
PERIOD OF TIME OR UNTIL THE HAPPENING OF AN EVENT, THE OPERATING
AGREEMENT SHALL BE ENFORCEABLE BETWEEN THE PARTIES UNTIL THE
EXPIRATION OF THE PERIOD OF TIME OR THE HAPPENING OF THE EVENT UNLESS
THE OPERATING AGREEMENT CONTAINS A RIGHT OF EARLY TERMINATION.

23-105.

(A)     THE COVENANT OF GOOD FAITH AND FAIR DEALING SHALL BE IMPLIED IN
AN OPERATING AGREEMENT UNLESS THE OPERATING AGREEMENT STATES THAT A
PARTY MAY PERFORM A DUTY OR OBLIGATION IN THE PARTY'S SOLE DISCRETION.

(B)     UNLESS AN OPERATING AGREEMENT CONTAINS A COVENANT OR OTHER
PROVISION THAT SPECIFICALLY INCORPORATES A DUTY INTO THE OPERATING
AGREEMENT, NO DUTIES SHALL BE IMPLIED UNDER THE OPERATING AGREEMENT.

23-106.

THIS SUBTITLE MAY NOT BE CONSTRUED TO:

(1)      LIMIT THE DEFENSES OF FRAUD, DURESS, OR ILLEGALITY; OR

(2)      AFFECT ANY CLAIM BETWEEN A THIRD PARTY AND A PARTY TO AN
OPERATING AGREEMENT.

SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall be
construed to apply to all operating agreements that are executory agreements as of
October 1, 2004 or are executed and delivered after October 1, 2004.

SECTION 3. AND BE IT FURTHER ENACTED, That this Act shall take effect
October 1, 2004.

Approved May 11, 2004.

CHAPTER 293
(Senate Bill 606)

AN ACT concerning

Frederick County - Solid Waste Disposal Fee or Tax

FOR the purpose of authorizing the Board of County Commissioners of Frederick
County to establish, charge, levy, and collect a fee or tax for certain costs for the
collection and disposal of solid waste; specifying that the Board's authority
extends to all municipal corporations in the County; specifying the manner in
which the fee or tax is to be collected and secured; specifying the penalties,
procedure, sale, and lien priority for the fee or tax; and generally relating to a
solid waste disposal fee or tax in Frederick County.

- 1103 -

 

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Session Laws, 2004
Volume 801, Page 1103   View pdf image
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