§ 4-501 Handling of documentary drafts; duty to send for presentment and to notify customer of dishonor
§ 4-502 Presentment of “on arrival” drafts
§ 4-503 Responsibility of presenting bank for documents and goods; report of reasons for dishonor; referee in case of need
§ 4-504 Privilege of presenting bank to deal with goods; security interest for expenses

Terms Used In Maryland Code > COMMERCIAL LAW > Title 4 > Subtitle 5 - Collection of

  • Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
  • Conviction: A judgement of guilt against a criminal defendant.
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • minor: means an individual under the age of 18 years. See
  • 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
  • state: means :

    (1) a state, possession, territory, or commonwealth of the United States; or

    (2) the District of Columbia. See