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Maryland Code, Commercial Law § 22-305

Current as of January 01, 2025 | Updated by Findlaw Staff

An agreement that is otherwise sufficiently definite to be a contract is not invalid because it leaves particulars of performance to be specified by one of the parties. If particulars of performance are to be specified by a party, the following rules apply:

(1) Specification must be made in good faith and within limits set by commercial reasonableness.

(2) If a specification materially affects the other party's performance but is not seasonably made, the other party:

(A) Is excused for any resulting delay in its performance; and

(B) May perform, suspend performance, or treat the failure to specify as a breach of contract.

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Cite this article: FindLaw.com - Maryland Code, Commercial Law § 22-305 - last updated January 01, 2025 | https://codes.findlaw.com/md/commercial-law/md-code-coml-sect-22-305/

FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.

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