§ 9-403. Agreement not to assert defenses against assignee
West's Annotated Code of MarylandCommercial Law
MD Code, Commercial Law, § 9-403
§ 9-403. Agreement not to assert defenses against assignee
(d) In a consumer transaction, if a record evidences the account debtor's obligation, law other than this title requires that the record include a statement to the effect that the rights of an assignee are subject to claims or defenses that the account debtor could assert against the original obligee, and the record does not include such a statement:
Credits
Added by Acts 1999, c. 282, § 2, eff. July 1, 2001.
MD Code, Commercial Law, § 9-403, MD COML § 9-403
Current through legislation effective through April 9, 2023, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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