(a) A person is insolvent 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.
(b) In determining if a partnership is insolvent, there shall be added to the partnership property:
(1) The present fair market value of the separate assets of each general partner in excess of the amount probably sufficient to meet the claims of his separate creditors; and
(2) The amount of any unpaid subscription to the partnership of each limited partner, if the present fair market value of the assets of the limited partner is probably sufficient to pay his debts, including the unpaid subscription.
Structure Maryland Statutes
Title 15 - Debt Collection -- Special Provisions
Subtitle 2 - Fraudulent Conveyances
Section 15-203 - Fair Consideration
Section 15-204 - Conveyance by Insolvent
Section 15-205 - Conveyance by Person in Business
Section 15-206 - Conveyance by a Person About to Incur Debts
Section 15-207 - Conveyance Made With Intent to Defraud
Section 15-208 - Conveyance of Partnership or Limited Liability Company Property
Section 15-209 - Rights of Creditor Whose Claim Has Matured
Section 15-210 - Rights of Creditor Whose Claim Has Not Matured
Section 15-210.1 - Foreclosure Sales
Section 15-211 - Cases Not Provided for in Subtitle
Section 15-212 - Construction of Subtitle