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§ 6-110. Subsequent transfers

West's Annotated Code of MarylandCommercial Law

West's Annotated Code of Maryland
Commercial Law
Title 6. Bulk Transfers (Refs & Annos)
MD Code, Commercial Law, § 6-110
§ 6-110. Subsequent transfers
Currentness
When the title of a transferee to property is subject to a defect by reason of his noncompliance with the requirements of this title, then:
(1) A purchaser of any of such property from such transferee who pays no value or who takes with notice of such noncompliance takes subject to such defect, but
(2) A purchaser for value in good faith and without such notice takes free of such defect.

Credits

Added by Acts 1975, c. 49, § 2, eff. July 1, 1975.
Formerly Art. 95B, § 6-110.
MD Code, Commercial Law, § 6-110, MD COML § 6-110
Current through legislation effective through June 1, 2024, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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