Maryland Statutes
§ 2A-109
Maryland § 2A-109
This text of Maryland § 2A-109 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 § 2A-109 (2026).
Text
(1)A term providing that one party or his (or her) successor in interest may accelerate payment or performance or require collateral or additional collateral “at will” or “when he (or she) deems himself (or herself) insecure” or in words of similar import must be construed to mean that he (or she) has power to do so only if he (or she) in good faith believes that the prospect of payment or performance is impaired.
(2)With respect to a consumer lease, the burden of establishing good faith under subsection (1) is on the party who exercised the power; otherwise the burden of establishing lack of good faith is on the party against whom the power has been exercised.
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Bluebook (online)
Maryland § 2A-109, Counsel Stack Legal Research, https://law.counselstack.com/statute/md/gcl/2A-109.