HARRY HUGHES, Governor

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(4) To avoid any other fraudulent preference,
payment, or transfer which would be void under this subtitle]
THAT EXTEND EXTENDS CREDIT TO THE INSOLVENT AT THE TIME OF THE
COMMENCEMENT OF THE PROCEEDING AND TO OBTAIN THAT OBTAINS, AT
SUCH TIME AND WITH RESPECT TO SUCH CREDIT, A JUDICIAL LIEN ON ALL
PROPERTY ON WHICH A CREDITOR ON A SIMPLE CONTRACT COULD HAVE
OBTAINED SUCH A JUDICIAL LIEN, WHETHER OR NOT SUCH A CREDITOR
EXISTS;

(2)  OF A CREDITOR THAT EXTENDS CREDIT TO THE
INSOLVENT AT THE TIME OF THE COMMENCEMENT OF THE PROCEEDING AND
OBTAINS, AT SUCH TIME AND WITH RESPECT TO SUCH CREDIT, AN
EXECUTION AGAINST THE INSOLVENT THAT IS RETURNED UNSATISFIED AT
SUCH TIME, WHETHER OR NOT SUCH A CREDITOR EXISTS;

(3)  OF A BONA FIDE PURCHASER OF REAL PROPERTY, OTHER
THAN FIXTURES, FROM THE INSOLVENT, AGAINST WHOM APPLICABLE LAW
PERMITS SUCH TRANSFER TO BE PERFECTED, THAT OBTAINS THE STATUS OF
A BONA FIDE PURCHASER AND HAS PERFECTED SUCH TRANSFER AT THE TIME
OF THE COMMENCEMENT OF THE PROCEEDING, WHETHER OR NOT SUCH A
PURCHASER EXISTS; AND

(4)  TO AVOID ANY PREFERENCE, PAYMENT, TRANSFER, OR
OBLIGATION THAT IS FRAUDULENT, VOID, OR VOIDABLE UNDER SUBSECTION
(D) OF THIS SECTION.

SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall
apply to assignment for the benefit of creditors proceedings and
receivership proceedings filed on and after July 1, 1985.

SECTION 2 3. AND BE IT FURTHER ENACTED, That this Act
shall take effect July 1, 1985.

Approved May 28, 1985.

CHAPTER 546

(Senate Bill 469)

AN ACT concerning

Baltimore City Jail - Work Release Programs

FOR the purpose of removing a requirement for approval by certain
judges prior to the placement of sentenced inmates of the
Baltimore City Jail in certain work release programs;
clarifying language regarding the housing of certain Jail
inmates; and generally relating to the placement of Jail
inmates in work release programs.