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§ 22-207. Formation; releases of informational rights

West's Annotated Code of MarylandCommercial Law

West's Annotated Code of Maryland
Commercial Law
Title 22. Maryland Uniform Computer Information Transactions Act (Refs & Annos)
Subtitle 2. Formation and Terms; Formation of a Contract; Terms of Records; Electronic Contracts: Generally (Refs & Annos)
Part I. Formation of a Contract
MD Code, Commercial Law, § 22-207
§ 22-207. Formation; releases of informational rights
Currentness
(a) A release is effective without consideration if it is:
(1) In a record to which the releasing party agrees, such as by manifesting assent, and which identifies the informational rights released; or
(2) Enforceable under estoppel, implied license, or other law.
(b) A release continues for the duration of the informational rights released if the release does not specify its duration and does not require affirmative performance after the grant of the release by:
(1) The party granting the release; or
(2) The party receiving the release, except for relatively insignificant acts.
(c) In cases not governed by subsection (b) of this section, the duration of a release is governed by § 22-308 of this title.

Credits

Added by Acts 2000, c. 11, § 1, eff. Oct. 1, 2000. Amended by Acts 2000, c. 61, eff. April 25, 2000.
MD Code, Commercial Law, § 22-207, MD COML § 22-207
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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