Maryland § 11A-123
Full text of Maryland Maryland Code § 11A-123, with citation guidance and answers to common questions.
§ 11A-123.
Persons engaged in the following transactions involving time–shares are not required to register with the Commission, to prepare a public offering statement, or to deliver documents described in § 11A–115 of this title:
(1) A gratuitous disposition;
(2) A disposition pursuant to court order;
(3) A disposition by a government or governmental agency;
(4) A disposition by foreclosure or deed in lieu of foreclosure or by enforcement of a lien or security interest;
(5) A disposition that may be canceled at any time and for any reason by the purchaser without penalty;
(6) A disposition of a time–share in a unit situated wholly outside this State pursuant to a contract executed and negotiated wholly outside this State; or
(7) A disposition of a time–share project or all time–shares therein to one purchaser.
Frequently Asked Questions About Maryland § 11A-123
What does Maryland Code § 11A-123 cover?
Section 11A-123 is part of the Maryland Code, the codified statutory law of Maryland. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Maryland § 11A-123?
A common citation format is "Maryland Code § 11A-123" (Maryland). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Maryland law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Maryland official source linked on this page or consult a licensed Maryland attorney.
How does Maryland § 11A-123 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Maryland can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Maryland.