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§ 9-110. Security interests arising under Title 2 or 2A

West's Annotated Code of MarylandCommercial Law

West's Annotated Code of Maryland
Commercial Law
Title 9. Secured Transactions (Refs & Annos)
Subtitle 1. General Provisions (Refs & Annos)
MD Code, Commercial Law, § 9-110
§ 9-110. Security interests arising under Title 2 or 2A
A security interest arising under § 2-401, § 2-505, § 2-711(3), or § 2A-508(5) of this article is subject to this title. However, until the debtor obtains possession of the goods:
(1) The security interest is enforceable, even if § 9-203(b)(3) has not been satisfied;
(2) Filing is not required to perfect the security interest;
(3) The rights of the secured party after default by the debtor are governed by Title 2 or 2A of this article; and
(4) The security interest has priority over a conflicting security interest created by the debtor.

Credits

Added by Acts 1999, c. 282, § 2, eff. July 1, 2001.
MD Code, Commercial Law, § 9-110, MD COML § 9-110
Current with all legislation from the 2023 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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