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Session Laws, 1975
Volume 716, Page 624   View pdf image
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624

LAWS OF MARYLAND

[Ch. 49

to fraudulent conveyances from one spouse to
the other. The Commission feels that this
change in no way affects Art. 45, §§ 1, 2, and
11; see for example, Art. 45, §1 which
contains inter alia, the reference to
"property passing from one spouse to the
other."

The only other changes are in style.

15-214. SHORT TITLE.

THIS SUBTITLE MAY BE CITED AS THE MARYLAND UNIFORM
FRAUDULENT CONVEYANCE ACT.

REVISOR'S NOTE: This section presently appears as
Art. 39B, §13.

It is modified to refer to the "Maryland"
Uniform Fraudulent Conveyance Act to indicate
that a citation is to the Uniform Act as
enacted by the State of Maryland and not to
the Official Text or to the act as adopted by
other states. The change conforms to revision
guidelines, as previously adopted in other
articles of the Code.

SUBTITLE 3. ASSIGNMENT OF WAGES.

15-301. DEFINITIONS.

(A)   IN GENERAL.

IN THIS SUBTITLE THE FOLLOWING WORDS HAVE THE
MEANINGS INDICATED.

REVISOR'S NOTE: This subsection is new language used
as the standard introductory language to a
definition section.

(B)   ASSIGNMENT.

(1)    "ASSIGNMENT" INCLUDES EVERY TRANSFER,
SALE, PLEDGE, MORTGAGE, OR HYPOTHECATION, HOWEVER MADE OR
ATTEMPTED, OF THE WAGES OF A PERSON OR ANY INTEREST IN
THEM.

(2)    "ASSIGNMENT" DOES NOT INCLUDE AN
AUTHORIZATION BY A BORROWER OR HIS GUARANTOR OR SURETY
FOR PAYROLL DEDUCTIONS TO REPAY A LOAN MADE BY A STATE OR
FEDERALLY CHARTERED CREDIT UNION TO A CREDIT UNION
MEMBER.

REVISOR'S NOTE:

This subsection presently appears as

 

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Session Laws, 1975
Volume 716, Page 624   View pdf image
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