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T. 5, Refs & Annos

West's Annotated Code of MarylandCommercial Law

West's Annotated Code of Maryland
Commercial Law
Title 5. Letters of Credit
MD Code, Commercial Law, T. 5, Refs & Annos

Editors' Notes

ACKNOWLEDGMENT
Uniform Commercial Code
Official Text and Comments
Acknowledgment is gratefully made to The American Law Institute and to the National Conference of Commissioners on Uniform State Laws for permission to reproduce the official Comments on the Uniform Commercial Code in WEST'S ANNOTATED CODE OF MARYLAND under Commercial Law, Titles 1 through 10.
Section 1-102 of the Commercial Law Article provides that the act “shall be liberally construed and applied to promote its underlying purposes and policies” which include “to make uniform the law among the various jurisdictions”.
It follows, therefore, that the official Comments are indispensable to an understanding of the objectives and purposes of the Uniform Commercial Code and the substantive changes effected in the law. These Comments will become increasingly important to the Bench and Bar in the interpretation and application of the Code to specific legal problems which are sure to arise in commercial transactions governed by the Code.
The Publisher

Footnotes

Louisiana adopted 2001 Revision of Article 1, 1990 Revision of Article 3, 1990 Amendments to Article 4, Article 4A (Funds Transfers), 1995 Revision of Article 5, 2003 Revision of Article 7, 1994 Revision of Article 8, and 2000 Revision of Article 9; repealed the Louisiana Bulk Sales Act which had not been an adoption of, nor in conformity with, Article 6 of the Code, and did not adopt any new provisions relating to Bulk Sales.
Adopted Article 2A (Leases), 1990 Revision of Article 3, 1990 Amendments to Article 4, Article 4A (Funds Transfers), 1995 Revision of Article 5, 1989 Revision of Article 6, 1994 Revision of Article 8, and 2000 Revision of Article 9.
Adopted Article 2A (Leases), 1990 Revision of Article 3, 1990 Amendments to Article 4, Article 4A (Funds Transfers), 1995 Revision of Article 5, 1994 Revision of Article 8, and 2000 Revision of Article 9; repealed Article 6 without adopting 1989 Revision of Article 6.
Adopted 2001 Revision of Article 1, Article 2A (Leases), 1990 Revision of Article 3, 1990 Amendments to Article 4, Article 4A (Funds Transfers), 1995 Revision of Article 5, 2003 Revision of Article 7, 1994 Revision of Article 8, and 2000 Revision of Article 9; adopted and later repealed 1989 Revision of Article 6.
Adopted 2001 Revision of Article 1, Article 2A (Leases), 1990 Revision of Article 3, 1990 Amendments to Article 4, Article 4A (Funds Transfers), 1995 Revision of Article 5, 1994 Revision of Article 8, and 2000 Revision of Article 9; repealed Article 6 without adopting 1989 Revision of Article 6.
Adopted Article 2A (Leases), Article 4A (Funds Transfers), 1995 Revision of Article 5, 1994 Revision of Article 8, and 2000 Revision of Article 9; repealed Article 6 without adopting 1989 Revision of Article 6.
Adopted 2001 Revision of Article 1, Article 2A (Leases), 1990 Revision of Article 3, 1990 Amendments to Article 4, Article 4A (Funds Transfers), 2003 Revision of Article 7, 1994 Revision of Article 8, and 2000 Revision of Article 9; repealed Article 6 without adopting 1989 Revision of Article 6.
Adopted 2001 Revision of Article 1, Article 2A (Leases), 2002 Amendments to 1990 Revision of Article 3, 2002 Amendments to Article 4, Article 4A (Funds Transfers), 1995 Revision of Article 5, 1994 Revision of Article 8, and 2000 Revision of Article 9; repealed Article 6 without adopting 1989 Revision of Article 6.
Adopted 2001 Revision of Article 1, Article 2A (Leases), 1990 Revision of Article 3, 1990 Amendments to Article 4, Article 4A (Funds Transfers), 1995 Revision of Article 5, 1989 Revision of Article 6, 2003 Revision of Article 7, 1994 Revision of Article 8, and 2000 Revision of Article 9.
Adopted 2001 Revision of Article 1, Article 2A (Leases), 2002 Amendments to 1990 Revision of Article 3, 2002 Amendments to Article 4, Article 4A (Funds Transfers), 1995 Revision of Article 5, 2003 Revision of Article 7, 1994 Revision of Article 8, and 2000 Revision of Article 9; repealed Article 6 without adopting 1989 Revision of Article 6.
Adopted 2001 Revision of Article 1, Article 2A (Leases), 2002 Amendments to 1990 Revision of Article 3, 1990 Amendments to Article 4, Article 4A (Funds Transfers), 1995 Revision of Article 5, 2003 Revision of Article 7, 1994 Revision of Article 8, and 2000 Revision of Article 9; repealed Article 6 without adopting 1989 Revision of Article 6.
Adopted Article 2A (Leases), 2002 Amendments to 1990 Revision of Article 3, 2002 Amendments to Article 4, Article 4A (Funds Transfers), 1995 Revision of Article 5, 1994 Revision of Article 8, and 2000 Revision of Article 9; repealed Article 6 without adopting 1989 Revision of Article 6.
Adopted Article 2A (Leases), 1990 Revision of Article 3, 1990 Amendments to Article 4, Article 4A (Funds Transfers), 1995 Revision of Article 5, 2003 Revision of Article 7, 1994 Revision of Article 8, and 2000 Revision of Article 9.
Adopted 2001 Revision of Article 1, Article 2A (Leases), 1990 Revision of Article 3, 1990 Amendments to Article 4, Article 4A (Funds Transfers), 1995 Revision of Article 5, 2003 Revision of Article 7, 1994 Revision of Article 8, and 2000 Revision of Article 9; repealed Article 6 without adopting 1989 Revision of Article 6.
Adopted 2001 Revision of Article 1, Article 2A (Leases), 2002 Amendments to 1990 Revision of Article 3, 1990 Amendments to Article 4, Article 4A (Funds Transfers), 1995 Revision of Article 5, 1994 Revision of Article 8, and 2000 Revision of Article 9; repealed Article 6 without adopting 1989 Revision of Article 6.
Adopted 2001 Revision of Article 1, Article 2A (Leases), 1990 Revision of Article 3, 1990 Amendments to Article 4, Article 4A (Funds Transfers), 1995 Revision of Article 5, 2003 Revision of Article 7, 1994 Revision of Article 8, and 2010 Revision of Article 9; repealed Article 6 without adopting 1989 Revision of Article 6.
Adopted 2001 Revision of Article 1, Article 2A (Leases), 1990 Revision of Article 3, 1990 Amendments to Article 4, Article 4A (Funds Transfers), 1995 Revision of Article 5, 2003 Revision of Article 7, 1994 Revision of Article 8, and 2010 Revision of Article 9; adopted and later repealed 1989 Revision of Article 6.
Adopted 2001 Revision of Article 1, Article 2A (Leases), 2002 Amendments to 1990 Revision of Article 3, 2002 Amendments to Article 4, Article 4A (Funds Transfers), 1995 Revision of Article 5, 2003 Revision of Article 7, 1994 Revision of Article 8, and 2010 Revision of Article 9; repealed Article 6 without adopting 1989 Revision of Article 6.
Adopted Article 2A (Leases), 1990 Revision of Article 3, 1990 Amendments to Article 4, Article 4A (Funds Transfers), 1995 Revision of Article 5, 1994 Revision of Article 8, and 2010 Revision of Article 9; repealed Article 6 without adopting 1989 Revision of Article 6.
Adopted 2001 Revision of Article 1, Article 2A (Leases), 2002 Amendments to 1990 Revision of Article 3, 1990 Amendments to Article 4, Article 4A (Funds Transfers), 1995 Revision of Article 5, 2003 Revision of Article 7, 1994 Revision of Article 8, and 2010 Revision of Article 9; repealed Article 6 without adopting 1989 Revision of Article 6.
MD Code, Commercial Law, T. 5, Refs & Annos, MD COML T. 5, Refs & Annos
Current through legislation effective May 13, 2019, from the 2019 Regular Session of the General Assembly.
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