State Codes and Statutes

Statutes > Maryland > Commercial-law > Title-15 > Subtitle-2 > 15-201

§ 15-201. Definitions.
 

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

(b)  Assets.-  

(1) "Assets" means property of a debtor not exempt from liability for his debts. 

(2) "Assets" includes any property to the extent that the property is liable for any debts of a debtor. 

(c)  Conveyance.- "Conveyance" includes every payment of money, assignment, release, transfer, lease, mortgage, or pledge of tangible or intangible property, and also the creation of any lien or incumbrance. 

(d)  Creditor.- "Creditor" means a person who has any claim, whether matured or unmatured, liquidated or unliquidated, absolute, fixed, or contingent. 

(e)  Debt.- "Debt" includes any legal liability, whether matured or unmatured, liquidated or unliquidated, absolute, fixed, or contingent. 
 

[An. Code 1957, art. 39B, § 1; 1975, ch. 49, § 3.] 
 

State Codes and Statutes

Statutes > Maryland > Commercial-law > Title-15 > Subtitle-2 > 15-201

§ 15-201. Definitions.
 

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

(b)  Assets.-  

(1) "Assets" means property of a debtor not exempt from liability for his debts. 

(2) "Assets" includes any property to the extent that the property is liable for any debts of a debtor. 

(c)  Conveyance.- "Conveyance" includes every payment of money, assignment, release, transfer, lease, mortgage, or pledge of tangible or intangible property, and also the creation of any lien or incumbrance. 

(d)  Creditor.- "Creditor" means a person who has any claim, whether matured or unmatured, liquidated or unliquidated, absolute, fixed, or contingent. 

(e)  Debt.- "Debt" includes any legal liability, whether matured or unmatured, liquidated or unliquidated, absolute, fixed, or contingent. 
 

[An. Code 1957, art. 39B, § 1; 1975, ch. 49, § 3.] 
 


State Codes and Statutes

State Codes and Statutes

Statutes > Maryland > Commercial-law > Title-15 > Subtitle-2 > 15-201

§ 15-201. Definitions.
 

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

(b)  Assets.-  

(1) "Assets" means property of a debtor not exempt from liability for his debts. 

(2) "Assets" includes any property to the extent that the property is liable for any debts of a debtor. 

(c)  Conveyance.- "Conveyance" includes every payment of money, assignment, release, transfer, lease, mortgage, or pledge of tangible or intangible property, and also the creation of any lien or incumbrance. 

(d)  Creditor.- "Creditor" means a person who has any claim, whether matured or unmatured, liquidated or unliquidated, absolute, fixed, or contingent. 

(e)  Debt.- "Debt" includes any legal liability, whether matured or unmatured, liquidated or unliquidated, absolute, fixed, or contingent. 
 

[An. Code 1957, art. 39B, § 1; 1975, ch. 49, § 3.]