§ 4A-1202. Severability

MD Corp & Assn Code § 4A-1202 (2019) (N/A)
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(a)    The provisions of this title apply to benefit limited liability companies except to the extent that:

(1)    The context of a provision clearly requires otherwise; or

(2)    A specific provision of this title provides otherwise.

(b)    This subtitle applies only to a benefit limited liability company.

(c)    (1)    The existence of a provision of this subtitle does not of itself create any implication that a contrary or different rule of law is or would be applicable to a limited liability company that is not a benefit limited liability company.

(2)    This subtitle does not affect any statute or rule of law as it applies to a limited liability company that is not a benefit limited liability company.

(d)    A provision of the articles of organization or operating agreement of a benefit limited liability company may not be inconsistent with any provision of this subtitle.