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Statutes Text

Article - Commercial Law




§6–110.

    When the title of a transferee to property is subject to a defect by reason of his noncompliance with the requirements of this title, then:

        (1)    A purchaser of any of such property from such transferee who pays no value or who takes with notice of such noncompliance takes subject to such defect, but

        (2)    A purchaser for value in good faith and without such notice takes free of such defect.



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