Ch. 462

1994 LAWS OF MARYLAND

BY repealing and reenacting, without amendments,
Article - Family Law
Section 8-201(e) 8-201 (a)                       

Annotated Code of Maryland                                                 

(1991 Replacement Volume and 1993 Supplement)

BY repealing and reenacting, with amendments,
Article - Family Law
Section 8-203 8-201 (e) and 8-205

Annotated Code of Maryland                                         

(1991 Replacement Volume and 1993 Supplement)

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

Article - Family Law

8-201.                                                                                                                       

(a) In this subtitle the following words have the meanings indicated.

(e) (1) "Marital property" means the property, however titled, acquired by 1 or
both parties during the marriage.                                                     

(2) "MARITAL PROPERTY" INCLUDES "ANY INTEREST IN-REAL PROPERTY
HELD BY THE PARTIES AS TENANTS BY THE ENTIRETY UNLESS THE REAL PROPERTY IS
EXCLUDED BY VALID AGREEMENT.

(2) "Marital                                                                                         

(3) EXCEPT AS PROVIDED IN PARAGRAPH (2) OF THIS SUBSECTION
"MARITAL property" does not include property:             

(i)      acquired before the marriage;

(ii)     acquired by inheritance or gift from a third party;

(iii)    excluded by valid agreement; or

(iv)    directly traceable to any of these sources.

8-203.

(a) In a proceeding for an annulment or an absolute divorce, if there is a dispute
as to whether certain property is marital property, the court shall determine which
property is marital property:

(1) when the court grants an annulment or an absolute divorce;

(2) within 90 days after the court grants an annulment or divorce, if the
court expressly reserves in the annulment or divorce decree the power to make the
determination; or                                                                                      

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