§ 15-804
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§15–804.
(a)Notwithstanding any other provisions of this article, §§ 15-802 and 15-803 of this subtitle do not apply to any check:
(1)Tendered by a maker or drawer in complete or partial satisfaction of a preexisting credit or loan obligation incurred by the maker or drawer under Title 12 of this article; or
(2)That is not a bad check as described under § 8-103 of the Criminal Law Article.
(b)Notwithstanding any other provision of this article, §§ 15-802 and 15-803 of this subtitle shall be construed to grant any holder to whom the check or other instrument was issued or negotiated a right of recourse which is alternative to any other right of recourse granted to that holder under Title 3 of this article.