§ 15–804
Statutes in effect as of October 1, 2026.
Md. Code Ann., Com. Law § 15-804 (2026)
Title 15. Debt Collection -- Special Provisions
Subtitle 8. Dishonored Checks and Other Instruments -- Collection
§ 15–804LinkCopy Citation
(a)
Notwithstanding any other provisions of this article, §§ 15-802 and 15-803 of this subtitle do not apply to any check:
(1)
Tendered by a maker or drawer in complete or partial satisfaction of a preexisting credit or loan obligation incurred by the maker or drawer under Title 12 of this article; or
(2)
That is not a bad check as described under § 8-103 of the Criminal Law Article.
(b)
Notwithstanding any other provision of this article, §§ 15-802 and 15-803 of this subtitle shall be construed to grant any holder to whom the check or other instrument was issued or negotiated a right of recourse which is alternative to any other right of recourse granted to that holder under Title 3 of this article.