---
type: "Bill"
title: "Corporations and Associations - Limited Liability Companies and Partnerships - Operating Agreements and Partnership Agreements"
description: "Corporations and Associations - Limited Liability Companies and Partnerships - Operating Agreements and Partnership Agreements"
jurisdiction: "us/states/md"
legislature: "Maryland General Assembly"
session: "2022"
identifier: "SB 261"
citation: "Maryland SB 261 (2022)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: ["West"]
version_count: 3
action_count: 12
vote_count: 2
first_action: "2022-01-14"
last_action: "2022-05-12"
source: "openstates"
source_identifier: "ocd-bill/477e5cb4-8f38-4b47-a670-53667be7b20e"
source_url: "http://mgaleg.maryland.gov/mgawebsite/Legislation/Details/sb0261?ys=2022RS&search=True"
source_hash: "ec6e821144fd67ca589c916c99c27770f87588cf9da8822e8931fcf2b052902a"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-md"]
---

# Maryland SB 261 (2022) — Corporations and Associations - Limited Liability Companies and Partnerships - Operating Agreements and Partnership Agreements

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **Chapter - Corporations and Associations - Limited Liability Companies and Partnerships - Operating Agreements and Partnership Agreements** (committee substitute) — [source](http://mgaleg.maryland.gov/2022RS/Chapters_noln/CH_295_sb0261t.pdf)
2. **First - Corporations and Associations - Limited Liability Companies and Partnerships - Operating Agreements and Partnership Agreements** (committee substitute) — [source](http://mgaleg.maryland.gov/2022RS/bills/sb/sb0261f.pdf)
3. **Third - Corporations and Associations - Limited Liability Companies and Partnerships - Operating Agreements and Partnership Agreements** (committee substitute) — [source](http://mgaleg.maryland.gov/2022RS/bills/sb/sb0261t.pdf)

## Votes

- On Third Reading — **128–0** (pass) · lower
- On Third Reading — **47–0** (pass) · upper

## Sponsors

- West — primary (person)

## Timeline

The legislative action history — every referral, reading, and vote.

- **2022-01-14** First Reading Judicial Proceedings `referral-committee`
- **2022-01-18** Hearing 2/02 at 2:00 p.m.
- **2022-02-14** Favorable with Amendments Report by Judicial Proceedings `committee-passage-favorable`
- **2022-02-16** Favorable with Amendments { `committee-passage-favorable`
- **2022-02-16** Second Reading Passed with Amendments
- **2022-02-18** Third Reading Passed `passage`
- **2022-02-22** Referred Economic Matters `referral-committee`
- **2022-04-11** Favorable Report by Economic Matters `committee-passage-favorable`
- **2022-04-11** Favorable Adopted Second Reading Passed `committee-passage-favorable`
- **2022-04-11** Third Reading Passed `passage`
- **2022-04-11** Returned Passed
- **2022-05-12** Approved by the Governor - Chapter 295 `executive-signature`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/477e5cb4-8f38-4b47-a670-53667be7b20e`. Confidence: reported (aggregated from official Maryland legislature records).