Maryland Code, COMMERCIAL LAW 15-210
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Terms Used In Maryland Code, COMMERCIAL LAW 15-210
- Defendant: In a civil suit, the person complained against; in a criminal case, the person accused of the crime.
- Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
- Person: includes an individual, receiver, trustee, guardian, personal representative, fiduciary, representative of any kind, corporation, partnership, business trust, statutory trust, limited liability company, firm, association, or other nongovernmental entity. See
(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.