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§ 9-310. When filing required to perfect security interest or agricultural lien; security inter...

West's Annotated Code of MarylandCommercial Law

West's Annotated Code of Maryland
Commercial Law
Title 9. Secured Transactions (Refs & Annos)
Subtitle 3. Perfection and Priority (Refs & Annos)
MD Code, Commercial Law, § 9-310
§ 9-310. When filing required to perfect security interest or agricultural lien; security interests and agricultural liens to which filing provisions do not apply
Currentness
(a) Except as otherwise provided in subsection (b) and § 9-312(b), a financing statement must be filed to perfect all security interests and agricultural liens.
(b) The filing of a financing statement is not necessary to perfect a security interest:
(1) That is perfected under § 9-308(d), (e), (f), or (g);
(2) That is perfected under § 9-309 when it attaches;
(3) In property subject to a statute, regulation, or treaty described in § 9-311(a);
(4) In goods in possession of a bailee which is perfected under § 9-312(d)(1) or (2);
(5) In certificated securities, documents, goods, or instruments which is perfected without filing, control, or possession under § 9-312(e), (f), or (g);
(6) In collateral in the secured party's possession under § 9-313;
(7) In a certificated security which is perfected by delivery of the security certificate to the secured party under § 9-313;
(8) In deposit accounts, electronic chattel paper, electronic documents, investment property, or letter-of-credit rights which is perfected by control under § 9-314;
(9) In proceeds which is perfected under § 9-315; or
(10) That is perfected under § 9-316.
(c) If a secured party assigns a perfected security interest or agricultural lien, a filing under this article is not required to continue the perfected status of the security interest against creditors of and transferees from the original debtor.

Credits

Added by Acts 1999, c. 282, § 2, eff. July 1, 2001. Amended by Acts 2004, c. 95, § 2, eff. Oct. 1, 2004.
MD Code, Commercial Law, § 9-310, MD COML § 9-310
Current through legislation effective through April 9, 2023, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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