Maryland § 4A-403.2
Full text of Maryland Maryland Code § 4A-403.2, with citation guidance and answers to common questions.
§ 4A-403.2.
(a) (1) A member may authorize another person to act as proxy for the member as provided in this section.
(2) (i) A member may sign a writing authorizing another person to act as proxy.
(ii) Signing may be accomplished by the member or the member’s authorized agent signing the writing or causing the member’s signature to be affixed to the writing by any reasonable means, including facsimile signature.
(3) (i) Subject to subparagraph (ii) of this paragraph, a member may authorize another person to act as proxy by transmitting, or authorizing the transmission of, an authorization for the person to act as proxy to:
1. The person authorized to act as proxy; or
2. Any other person authorized to receive the proxy authorization on behalf of the person authorized to act as the proxy, including a proxy solicitation firm or proxy support service organization.
(ii) The authorization may be transmitted by a telegram, cablegram, datagram, electronic mail, or any other electronic or telephonic means.
(4) A copy, facsimile telecommunication, or other reliable reproduction of the writing or transmission authorized under paragraphs (2) and (3) of this subsection may be substituted for the original writing or transmission for any purpose for which the original writing or transmission could be used.
(b) (1) A proxy is revocable by a member at any time without condition or qualification unless:
(i) The proxy states that it is irrevocable; and
(ii) The proxy is coupled with an interest.
(2) A proxy may be made irrevocable for as long as it is coupled with an interest.
(3) An interest with which a proxy may be coupled includes an interest in the membership interest to be voted under the proxy or another general interest in the limited liability company or its assets or liabilities.
Frequently Asked Questions About Maryland § 4A-403.2
What does Maryland Code § 4A-403.2 cover?
Section 4A-403.2 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 § 4A-403.2?
A common citation format is "Maryland Code § 4A-403.2" (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 § 4A-403.2 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.