# Commercial Law (GCL)

## Title 15. Debt Collection -- Special Provisions

### Subtitle 2. Fraudulent Conveyances

#### Section 15-203

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.

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Md. Code Ann., Com. Law (as displayed at mgaleg.maryland.gov, October 16, 2026)