Section 23-102 - Conflicts between terms and conditions; remedies for breach. - Maryland Statutes

§ 23-102. Conflicts between terms and conditions; remedies for breach.
 

(a)  Conflicts between operating agreement and the law.- If a conflict exists between the express terms and conditions of an operating agreement and the terms and conditions implied by the law governing the relationship between a principal and agent, the express terms and conditions of the operating agreement shall govern. 

(b)  Remedies for breach.- A court may order the remedy of specific performance for anticipatory or actual breach or attempted or actual termination of an operating agreement notwithstanding the existence of an agency relationship between the parties to the operating agreement. 
 

[2004, ch. 292.]