Maryland § 3-106
Full text of Maryland Maryland Code § 3-106, with citation guidance and answers to common questions.
§ 3-106.
(a) (1) A license for the use of a limited liability company shall be applied for and issued to, as individuals:
(i) all of the authorized individuals, if the limited liability company has fewer than three authorized individuals; or
(ii) three authorized individuals, if the limited liability company has three or more authorized individuals.
(2) At least one of the authorized individuals shall:
(i) be a resident of the State at the time the application is filed; and
(ii) remain a resident of the State for the duration of time the license is in effect.
(b) An application for a limited liability company license shall include:
(1) the name, address, and signature of each authorized individual to whom the license shall be issued; and
(2) the name and address of the limited liability company.
Frequently Asked Questions About Maryland § 3-106
What does Maryland Code § 3-106 cover?
Section 3-106 is part of the Maryland Code, the codified statutory law of Maryland. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Maryland § 3-106?
A common citation format is "Maryland Code § 3-106" (Maryland). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Maryland law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Maryland official source linked on this page or consult a licensed Maryland attorney.
How does Maryland § 3-106 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Maryland can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Maryland.