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Session Laws, 1975
Volume 716, Page 1918   View pdf image
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1918

LAWS OF MARYLAND

[Ch. 311

provisions of these sections are consolidated
for better organization.

Subsection (a) of this section is new language
used as the standard introductory language to
a definition section,

Subsections (b), (c), (d) , and (g) of this
section presently appear as Art. 73A, §2. The
definition of "court" is proposed for deletion
because it is unnecessary. The definition of
"person" is proposed for deletion as
unnecessary in light of the definition of that
term contained in Title 1 of this article.

In subsection (b) of this section, "insolvency
act" is substituted for "insolvent act."

Subsection (e) of this section presently
appears as Art. 73A, §29. It is set forth
here for organizational purposes.

Subsection (f) of this section presently
appears as Art. 73A, §6. It is set forth here
for organizational purposes. The date "June
1, 1916" is substituted for the phrase "the
adoption of this article."

The only other changes are technical changes
in style.

9-102. INTERPRETATION OF KNOWLEDGE AND NOTICE.

(A)   A PERSON HAS "KNOWLEDGE" OF A FACT WITHIN THE
MEANING OF THIS TITLE NOT ONLY WHEN HE HAS ACTUAL
KNOWLEDGE THEREOF, BUT ALSO, WHEN HE HAS KNOWLEDGE OF SUCH
OTHER FACTS AS IN THE CIRCUMSTANCES SHOWS BAD FAITH.

(B)   A PERSON HAS "NOTICE" OF A FACT WITHIN THE
MEANING OF THIS TITLE WHEN THE PERSON WHO CLAIMS THE
BENEFIT OF THE NOTICE:

(1)   STATES THE FACT TO SUCH PERSON; OR

(2)   DELIVERS THROUGH THE MAIL, OR, BY OTHER
MEANS OF COMMUNICATION, A WRITTEN STATEMENT OF THE FACT
TO SUCH PERSON OR TO A PROPER PERSON AT HIS PLACE OF
BUSINESS OR RESIDENCE.

REVISOR'S NOTE: This section presently appears as
Art. 73A, §3. Nomenclature is conformed.

The only other changes are technical changes
in punctuation.

 

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Session Laws, 1975
Volume 716, Page 1918   View pdf image
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