Section 1016 - No bar to valid acts or defense of suit. - Maryland Statutes

§ 9A-1016. No bar to valid acts or defense of suit.
 

The forfeiture of the right to do business in Maryland and the right to the use of the name of the limited liability partnership under this title does not: 

(1) Impair the validity of a contract or act of the limited liability partnership entered into or done either before or after the forfeiture, or prevent the limited liability partnership from defending any action, suit, or proceeding in a court of this State; and 

(2) Cause a partner of a limited liability partnership to have personal liability for any debts, obligations, or liabilities of or chargeable to the partnership or another partner, except to the extent otherwise provided under § 9A-306 of this title. 
 

[1997, ch. 654, § 2; 1998, ch. 743, §§ 1, 3.]