MARVIN MANDEL, Governor

151

limited by subsection (1) is so terminated as to leave
available a remedy by another action for the same breach
such other action may be commenced after the expiration
of the time limited and within six months after the
termination of the first action unless the termination
resulted from voluntary discontinuance or from dismissal
for failure or neglect to prosecute.

(4) This section does not alter the law on tolling
of the statute of limitations nor does it apply to causes
of action which have accrued before TITLES 1 THROUGH 10
OF this article becomes effective.

TITLE 3. COMMERCIAL PAPER.

SUBTITLE 1. SHORT TITLE, FORM AND INTERPRETATION.

3-101. Short title.

This [subtitle] TITLE shall be known and may be
cited as MARYLAND Uniform Commercial Code—Commercial
Paper.

3—102. Definitions and index of definitions.

(1) In this [subtitle] TITLE unless the context
otherwise requires

(a)    "Issue" means the first delivery of an
instrument to a holder or a remitter.

(b)   An "order" is a direction to pay and must
be more than an authorization or request. It must
identify the person to pay with reasonable certainty.
It may be addressed to one or more such persons jointly
or in the alternative but not in succession.

(c) A "promise" is an undertaking to pay and
must be more than an acknowledgment of an obligation.

(d)    "Secondary party" means a drawer or
indorser.

(e)      "Instrument" means a negotiable
instrument.

(2) Other definitions applying to TITLES 1 THROUGH
10 OF this article and the sections in which they appear
are:

"Acceptance." § 3-410.
"Accommodation party." § 3—415.
"Alteration." § 3-407.
"Certificate of deposit." § 3—104.