206                                            LAWS OF MARYLAND                                [Ch. 2

an updated fashion.
SEC. 5-102. SPECIALTIES.

(A)   TWELVE YEARS.

AN ACTION ON ONE OF THE FOLLOWING SPECIALTIES
SHALL BE FILED WITHIN 12 YEARS AFTER THE CAUSE OF
ACTION ACCRUES, OR WITHIN 12 YEARS FROM THE DATE OF
THE DEATH OF THE LAST TO DIE OF THE PRINCIPAL DEBTOR
OR CREDITOR, WHICHEVER IS SOONER:

(1)   PROMISSORY NOTE OR OTHER INSTRUMENT
UNDER SEAL;

(2)   BOND EXCEPT A PUBLIC OFFICER'S BOND;

(3)   JUDGMENT;

(4) RECOGNIZANCE;

(5)   CONTRACT UNDER SEAL; OR

(6)   ANY OTHER SPECIALTY.

(B)   SUSPENSION OF TIME.

A PAYMENT OF PRINCIPAL OR INTEREST ON A SPECIALTY
SUSPENDS THE OPERATION OF THIS SECTION AS TO THE
SPECIALTY FOR THREE YEARS AFTER THE DATE OF PAYMENT.

(C)   EXCEPTION.

THIS SECTION DOES NOT APPLY TO A SPECIALTY TAKEN
FOR THE USE OF THE STATE.

REVISOR'S NOTE: This section is new language
derived from Art. 57, §3. The section is
reorganized to list the various types of
specialties. Two types of specialties
formerly appearing in §3 are proposed for
deletion; they are "Statutes Merchant" and
"Statutes of the Staple". If either should
exist presently, it would be included as
"any other speciality" so the section does
not impare any "obligation of contract".

The statute presently refers to "Bills".
The Commission believes this means "Bills
single or obligatory", a species of
promissory note under seal.