Examples of Maryland UCC in a sentence
The issue in Jenkins was whether a subsequent written assurance by the lender that no demand would be made for at least one year would operate to modify the note under this section of the Maryland UCC.
Such employees, upon termination, will be compensated in their final check for time off earned but not taken.
The delegation presumption that appears in the Maryland UCC similarly may be overridden by the parties.
Plaintiff does contend, however, that the German Company can be held liable for damages that may be awarded under the Maryland UCC against the U.S. Company.The Court shall dismiss any claims against the German Company under the Maryland UCC.
Seller shall not amend, supplement, terminate, waive any default under, grant concessions regarding, or otherwise modify in any manner without Purchaser’s consent, the LLC Agreements except that the LLC Agreements may be modified to provide that the membership interests are governed by Article 8 of the Maryland UCC and to provide for the issuance of certificates representing such membership interests.
As clarified at the hearing, Plaintiff does not contend that the German Company can be held liable under the Maryland UCC.
Section 2-102 makes the Maryland UCC applicable to “transactions in goods,” and Section 2-725 provides that an action for breach of any contract for sale must be commenced within four years after the cause of “action has accrued.” In Scott v.
The central issue before the Court is whether the discovery rule applies to a claim for conversion under the Maryland UCC.
This section states that transactions excluded from the general rule of applicability include the following: wills; documents covered by the Maryland UCC, other than §§ 1-107 and 1-206 and Titles 2 and 2A; the Uniform Computer Information Transactions Act transactions; utility cancellation and termination notices; housing default and foreclosure notices; health and life insurance and benefits termination notices; product recall notices; and domestic and family law matters.
Title 3 of the Maryland UCC provides that: an action (i) for conversion of an instrument, for money had and received, or like action based on conversion, (ii) for breach of warranty, or (iii) to enforce an obligation, duty, or right arising under this article and not governed by this section must be commenced within 3 years after the cause of action accrues.