Can you summarize MDCM Com. Law, Title 14, Subtitle 35?
This legal document, found in the Code of Maryland under Commercial Law, Title 14, SubTitle 35, provides definitions for various terms used in Subtitle 35 of Title 14 of the Code of Maryland. It applies to individuals and entities involved in business activities in the state of Maryland. The document defines terms such as ‘business’, ’encrypted’, ‘health information’, and ‘personal information’. It specifies that ‘business’ includes financial institutions and their parent or subsidiary entities.
Can you summarize MDCM Com. Law, Title 17, Subtitle 1?
This legal document provides definitions for various terms used in the Code of Maryland, specifically in the Commercial Law, Title 17, SubTitle 1. It defines terms such as ‘abandoned property’, ‘administrator’, ‘banking organization’, ‘business association’, ‘county’, ‘federal government’, ‘financial organization’, ‘holder’, ‘insurance corporation’, ‘owner’, ‘person’, ‘personal property’, ‘service charge’, and ‘utility’. The document also clarifies that ‘personal property’ does not include certain items such as gift certificates, credits in connection with the sale of consumer goods, outstanding checks or credits issued to vendors or commercial customers, credit balances in vendor or commercial customer accounts, and purchase price rebates issued to customers.
Can you summarize MDCM Com. Law, Title 17, Subtitle 2?
The provided legal document pertains to the agreement between the Administrator and the federal government regarding abandoned property in federal custody. The agreement outlines the responsibilities of the Administrator to attempt to discover abandoned property in federal custody that is unclaimed by an owner presumed to have an address in Maryland, and to institute proceedings for a judicial determination of Maryland’s rights to receive custody of any abandoned property in federal custody.
Can you summarize MDCM Com. Law, Title 17, Subtitle 3?
These legal documents, found in the Code of Maryland under Commercial Law, Title 17, SubTitle 3, govern the treatment of abandoned property held by various entities. They establish criteria for determining when a holder no longer has a valid address for the owner of the property and outline requirements for sending communications to apparent owners. The documents specify timeframes after which certain types of property are presumed abandoned and address the custody of unclaimed property by the State.
Can you summarize MDCM Com. Law, Title 17, Subtitle 4?
This legal document, found in the Code of Maryland under Commercial Law, Title 17, SubTitle 4, governs various aspects related to property loans and acquisitions by museums. It outlines the requirements for notices given by museums when loaning property, including the information that must be included in the notice. The document also provides provisions for the application of conservation measures by museums to protect loaned property or ensure public safety. Additionally, it covers the acquisition of unsolicited donations by museums, specifying the process for asserting title to such donations and the consequences of not claiming ownership within a specified timeframe.
Can you summarize MDCM Com. Law, Title 17?
The provided legal document contains definitions for various terms used in the Code of Maryland, Commercial Law, Title 17, SubTitle 1. It also includes an agreement between the Administrator and the federal government regarding abandoned property in federal custody. The agreement outlines the responsibilities of the Administrator to discover abandoned property in federal custody and institute proceedings for a judicial determination of Maryland’s rights to receive custody of any abandoned property.
Can you summarize MDCM Com. Law, Title 21, Subtitle 1?
This legal document, part of the Code of Maryland, specifically Title 21, SubTitle 1, provides definitions for terms used in commercial transactions conducted electronically. It aims to establish a common understanding of these terms and their application in electronic transactions. The document applies to a wide range of entities involved in electronic transactions, including individuals, corporations, partnerships, and governmental agencies. It governs electronic records and electronic signatures related to transactions, except those specifically exempted.
Can you summarize MDCM Com. Law, Title 2A?
The legal documents found in the Code of Maryland under Commercial Law govern various aspects of lease contracts. They provide guidelines for the enforceability, modification, and warranties in lease contracts. The documents specify the requirements for a lease contract to be enforceable, such as the total payments exceeding $1,000 or a written agreement describing the goods leased and the lease term. Exceptions to the requirements include specially manufactured goods or an admission of a lease contract by the party against whom enforcement is sought.
Can you summarize MDCM Com. Law, Title 3?
The provided legal document content covers various aspects of commercial law in Maryland, specifically Title 3, SubTitle 2. It governs the transfer of negotiable instruments, including the process of transferring an instrument and the rights of the transferee. The documents apply to parties involved in the issuance, transfer, enforcement, and discharge of payment instruments. No specific exemptions or penalties for non-compliance or violation of the provisions are mentioned in these documents.
Can you summarize MDCM Com. Law, Title 4?
This legal document, part of the Code of Maryland, Commercial Law, Title 4, SubTitle 1, governs the effect of provisions in this title. It states that while the effect of the provisions can be varied by agreement, a bank’s responsibility for lack of good faith or failure to exercise ordinary care cannot be disclaimed or the measure of damages limited. However, the parties can agree on the standards by which the bank’s responsibility is to be measured if those standards are not manifestly unreasonable.