Ch. 624                                    LAWS OF MARYLAND

SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That the Laws of Maryland read as follows:

Article - Commercial Law

15-209.

(a) If a conveyance or obligation is fraudulent as to a
creditor[, the creditor, when his] WHOSE claim has matured, THE
CREDITOR [may], as against any person except a purchaser for fair
consideration without knowledge of the fraud at the time of the
purchase or one who has derived title immediately or immediately
from such a purchaser, MAY:

(1)  Have the conveyance set aside or obligation
annulled to the extent necessary to satisfy [his] THE claim; or

(2)   [Disregard the conveyance and attach or levy
execution] LEVY on OR GARNISH the property conveyed AS IF THE
CONVEYANCE WERE NOT MADE.

(B) IN AN ACTION TO HAVE A CONVEYANCE SET ASIDE OR AN

OBLIGATION ANNULLED, IT IS NOT NECESSARY AS A CONDITION TO THE

GRANTING OF RELIEF THAT THE CREDITOR FIRST OBTAIN JUDGMENT ON THE
CLAIM.

[(b)] (C) A purchaser who without actual fraudulent intent
has given less than a fair consideration for the conveyance or
obligation[,] may retain the property or obligation as security
for repayment.

SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall
take effect July 1, 1987.

Approved June 2, 1987.

CHAPTER 624

           (Senate Bill 518)

AN ACT concerning

Civil Actions - Limitations - Occupational Diseases

FOR the purpose of establishing a certain statute of limitations
for a cause of action arising from an occupational disease;
defining a certain term; and providing for the application
of this Act.

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