Section 1001 - Governing law.
§ 4A-1001. Governing law.
(a) Law of organizational state.- Subject to the Constitution of this State:
(1) The laws of the state under which a foreign limited liability company is organized govern its organization, internal affairs, and the liability of its members; and
(2) A foreign limited liability company may not be denied registration by reason of any difference between those laws and the laws of this State.
(b) Doing business.- A foreign limited liability company may not do any kind of intrastate, interstate, or foreign business in this State which the laws of this State prohibit a domestic limited liability company from doing.
[1992, ch. 536.]