Maryland Code

Md. Code Ann., Com. Law § 15-201 (2026)

§ 15-201

✓ current as of May 2026
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§15–201.

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

    (b)    (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” 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” means a person who has any claim, whether matured or unmatured, liquidated or unliquidated, absolute, fixed, or contingent.

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


Notes of Decisions
Cited in 17 cases (9 in the last 5 years), 1981–2025 · leading case: United Bank v. Buckingham, 247 A.3d 336 (Md. 2021).
United Bank v. Buckingham, 247 A.3d 336 (Md. 2021). “” Md. Code Ann., Com. Law § 15-201 (c) (emphasis added).”
United Bank v. Buckingham, 301 F. Supp. 3d 547 (D. Maryland 2018). “United Bank asserts that the transfer of ownership and change of beneficiaries to David, in his personal capacity and as trustee of the Osprey Trust and the Blue Heron Trust, both of which were created just before the changes of ownership and beneficiaries, were fraudulent…”
Hauk v. Lvnv Funding, LLC, 749 F. Supp. 2d 358 (D. Maryland 2010). “, the Maryland Consumer Debt Collection Act (MCDCA), Md. Code Ann., Com. Law § 15-201 et seq., and the Maryland Consumer Protection Act (MCPA), id.”
U.S. Equal Emp't Opportunity Comm'n v. Phase 2 Invs. Inc., 333 F. Supp. 3d 505 (D. Maryland 2018). “Mister also brought a fraudulent conveyance claim against the Sellers under the Maryland Uniform Fraudulent Conveyance Act ("MUFCA"), Md. Code Ann., Commercial Law § 15-201 et seq.”
United Bank v. Buckingham, 301 F. Supp. 3d 561 (D. Maryland 2018). “Under the MUFCA, a "conveyance" is defined as "includ[ing] 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.”
Schlossberg v. Fischer (In Re Fischer), 411 B.R. 247 (Bankr. D. Md. 2009). “MD. CODE ANN., Commercial Law § 15-201(c) (West 2009).”
Amber L. Luchi v. Paolo v. Luchi & Francesco P. Luchi (Del. Ch. 2020). “17 Amber argues the Maryland 14 Similar to the DUFTA, the Maryland court has the authority under the MUFCA to set aside a conveyance of tangible or real property which is fraudulent to a creditor that has a claim, whether “matured or unmatured, liquidated or unliquidated,…”
Martin Holmes v. David Karkau (2022). “” Md. Code Ann., Com. Law § 15-201 (c) (emphasis added).”
United Bank v. Buckingham (D. Maryland 2020). “” Md. Code Ann., Com. Law § 15-201 (c) (emphasis added).”
Cross River Bank v. 3 Bea's Assisted Living LLC (D. Maryland 2023). “” Md. Code, Com. Law § 15-201(c). A debtor is “insolvent” under § 15-204 “if the present fair market value of his assets is less than the amount required to pay his probable liability on his existing debts as they become absolute and matured.”
Doe v. Mercy High Sch. Inc. (D. Maryland 2024). “MD. CODE ANN., COM. LAW § 15-201(d). Regarding the 2022 Tower Lease Transaction, Defendant argues that Plaintiff has not alleged facts to show that Mercy High School was rendered insolvent, as required by section 15-204, or that the transaction was made without fair…”
Milligan v. May (D. Maryland 2024). “” Md. Code Ann., Com. Law § 15-201 (d). Nothing in the plain language of this definition appears to preclude a receiver stepping into the shoes of a receivership entity pursuant to an equity receivership to assert fraudulent conveyance claims.”
— Md. Code Ann., Com. Law § 15-201(c) — 2 cases
Schlossberg v. Fischer (In Re Fischer), 411 B.R. 247 (Bankr. D. Md. 2009). “MD. CODE ANN., Commercial Law § 15-201(c) (West 2009).”
Cross River Bank v. 3 Bea's Assisted Living LLC (D. Maryland 2023). “” Md. Code, Com. Law § 15-201(c). A debtor is “insolvent” under § 15-204 “if the present fair market value of his assets is less than the amount required to pay his probable liability on his existing debts as they become absolute and matured.”
— Md. Code Ann., Com. Law § 15-201(d) — 1 case
Doe v. Mercy High Sch. Inc. (D. Maryland 2024). “MD. CODE ANN., COM. LAW § 15-201(d). Regarding the 2022 Tower Lease Transaction, Defendant argues that Plaintiff has not alleged facts to show that Mercy High School was rendered insolvent, as required by section 15-204, or that the transaction was made without fair…”
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