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Session Laws, 1988
Volume 770, Page 2750   View pdf image
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Ch. 282                                               LAWS OF MARYLAND

(c)  Whether the transfer is to pay existing debts and
if so the amount of such debts and to whom owing;

(d)  Whether the transfer is for new consideration and
if so the amount of such consideration and the time and place of
payment; and

(e)   If for new consideration the time and place where
creditors of the transferor are to file their claims.

(3) The notice in any case shall be delivered personally or
sent by registered or certified mail [to] TO:

(A)  THE COMPTROLLER;

(B)  all the persons shown on the list of creditors
furnished by the transferor (§ 6-104) [and]; AND

(C)   [to] all other persons who are known to the
transferee to hold or assert claims against the transferor.

6-108,

(1)  A bulk transfer is subject to this title even though it
is by sale at auction, but only in the manner and with the
results stated in this section.

(2)  The transferor shall furnish a list of his creditors
and assist in the preparation of a schedule of the property to be
sold, both prepared as before stated (§ 6-104).

(3) The person or persons other than the transferor who
direct, control or are responsible for the auction are
collectively called the "auctioneer." The auctioneer shall:

(a) Receive and. retain the list of creditors and
prepare and retain the schedule of property for the period stated
in this title (§ 6-104);

(b) Give notice of the auction personally or by
registered or certified mail at least ten days before it occurs
[to all] TO:

(I) THE COMPTROLLER;

(II) ALL persons shown on the list of
[creditors] CREDITORS; and

(III), [to all] ALL other persons who are known
to [him] THE AUCTIONEER to hold or assert claims against the
transferor; and

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Session Laws, 1988
Volume 770, Page 2750   View pdf image
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