PARRIS N. GLENDENING, Governor                             Ch. 652

2-512.

(1)     Where the contract requires payment before inspection nonconformity of the
goods does not excuse the buyer from so making payment unless

(a)     The nonconformity appears without inspection; or

(b)     Despite tender of the required documents the circumstances would
justify injunction against honor under the provisions of Titles 1 through 10 of this article
[(§5-114)] (§5-109(B)).

(2)     Payment pursuant to subsection (1) does not constitute an acceptance of
goods or impair the buyer's right to inspect or any of his remedies.

9-103.

(1) (a) This subsection applies to documents [and], instruments, RIGHTS TO
PROCEEDS OF WRITTEN LETTERS OF CREDIT, and [ to] goods other than those covered
by a certificate of title described in subsection (2), mobile goods described in subsection
(3), and minerals described in subsection (5).

9-104.

This title does not apply

(1) To a transfer of an interest in any deposit account (subsection (1) of § 9-105),
except as provided with respect to proceeds (§ 9-306) and priorities in proceeds (§
9-312)].]; OR

(M) TO A TRANSFER OF AN INTEREST IN A LETTER OF CREDIT OTHER THAN
THE RIGHTS TO PROCEEDS OF A WRITTEN LETTER OF CREDIT.

9-105.

(3)     The following definitions in other titles apply to this title.
"Broker." § 8-102.

"Certificated Security." § 8-102.
"Check." § 3-104.
"Clearing corporation." § 8-102.
"Contract for sale." § 2-106.
"Control." § 8-106.
"Delivery." § 8-301.
"Entitlement holder." § 8-102.
"Financial asset." § 8-102.
"Holder in due course." § 3-302.
"LETTERS OF CREDIT." § 5-102.

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