2013 Maryland Code
COMMERCIAL LAW
§ 15-210 - Rights of creditor whose claim has not matured


MD Comm L Code § 15-210 (2013) What's This?

§15-210.

(a) If a conveyance made or obligation incurred is fraudulent as to a creditor whose claim has not matured, he may proceed in a court of competent jurisdiction against any person against whom he could have proceeded had his claim matured.

(b) In the proceeding, the court may:

(1) Restrain the defendant from disposing of his property;

(2) Appoint a receiver to take charge of the property;

(3) Set aside the conveyance or annul the obligation; or

(4) Enter any order which the circumstances of the case require.

§ 15-210 - 1. Foreclosure sales

A conveyance is not fraudulent as to a creditor if, conducted in accordance with applicable law, the conveyance results from:

(1) A foreclosure sale;

(2) A sale to enforce a statutory lien;

(3) A judicial sale; or

(4) A sale of property under levy.

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