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Maryland · Through 2026-01-01

Md. Code, Commercial Law § 15–203

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  1. Article - Commercial Law

Fair consideration is given for property or an obligation, if:

(1) In exchange for the property or obligation, as a fair equivalent for it and in good faith, property is conveyed or an antecedent debt is satisfied; or

(2) The property or obligation is received in good faith to secure a present advance or antecedent debt in an amount not disproportionately small as compared to the value of the property or obligation obtained.

Collected 2026-09-14T19:56:33Z. Source file · JSON

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