Maryland Statutes
§ 15-203
Maryland § 15-203
This text of Maryland § 15-203 is published on Counsel Stack Legal Research, covering Maryland primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Md. Code Ann., Commercial Law § 15-203 (2026).
Text
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.
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Bluebook (online)
Maryland § 15-203, Counsel Stack Legal Research, https://law.counselstack.com/statute/md/gcl/15-203.