Commercial Law - Uniform Commercial Code - Controllable Electronic Records
Sponsor: Ron Watson (District 23)Committee: FinanceSubject: Commercial Law - GenerallyStatus: Hearing 3/24 at 1:00 p.m. (as of Sep 4, 2026)
What this bill does
Official synopsis
Adding Article 12 of the Uniform Commercial Code to the Maryland Uniform Commercial Code to establish provisions governing the transfer of property rights in certain controllable electronic records, controllable accounts, and controllable payment intangibles.
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Testimony (8)
MGA witness listFAV 4FavorableFWA 4Favorable with amendments
| Position | Witness | Organization | Testimony |
|---|---|---|---|
| FAV | Cooper, Jacqueline | Maryland Blockchain Association | Oral |
| FAV | Cooper, Jacqueline | Maryland Blockchain Association | Written (PDF) |
| FAV | Senator Watson, Senator Watsonlegislator | Individual | Oral |
| FAV | Senator Watson, Senator Watsonlegislator | Individual | Oral |
| FWA | Leitess, Steven | Uniform Law Commission | Oral |
| FWA | Leitess, Steven | Uniform Law Commission | Oral |
| FWA | Orzeske, Benjamin | Uniform Law Commission | Oral + Written (PDF) |
| FWA | Orzeske, Benjamin | Uniform Law Commission | Oral + Written (PDF) |