Maryland Statutes
§ 22-509
Maryland § 22-509
This text of Maryland § 22-509 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 § 22-509 (2026).
Text
Unless the accommodated licensee is a consumer, a term in a financial accommodation contract providing that the accommodated licensee’s obligations to the financier are irrevocable and independent is enforceable. The obligations become irrevocable and independent upon the licensee’s acceptance of the license or the financier’s giving of value, whichever occurs first.
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Bluebook (online)
Maryland § 22-509, Counsel Stack Legal Research, https://law.counselstack.com/statute/md/gcl/22-509.