§ 15–203
Statutes in effect as of October 1, 2026.
Md. Code Ann., Com. Law § 15-203 (2026)
Title 15. Debt Collection -- Special Provisions
Subtitle 2. Fraudulent Conveyances
§ 15–203LinkCopy Citation
Fair consideration is given for property or an obligation, if:
(1)
In exchange for the property or obligation, as a fair equivalent for it and in good faith, property is conveyed or an antecedent debt is satisfied; or
(2)
The property or obligation is received in good faith to secure a present advance or antecedent debt in an amount not disproportionately small as compared to the value of the property or obligation obtained.