§ 9-322. Priorities among conflicting security interests in and agricultural liens on same coll...
West's Annotated Code of MarylandCommercial Law
MD Code, Commercial Law, § 9-322
§ 9-322. Priorities among conflicting security interests in and agricultural liens on same collateral
(1) Conflicting perfected security interests and agricultural liens rank according to priority in time of filing or perfection. Priority dates from the earlier of the time a filing covering the collateral is first made or the security interest or agricultural lien is first perfected, if there is no period thereafter when there is neither filing nor perfection.
(d) Subject to subsection (e) and except as otherwise provided in subsection (f), if a security interest in chattel paper, deposit accounts, negotiable documents, instruments, investment property, or letter-of-credit rights is perfected by a method other than filing, conflicting perfected security interests in proceeds of the collateral rank according to priority in time of filing.
Credits
Added by Acts 1999, c. 282, § 2, eff. July 1, 2001. Amended by Acts 2000, c. 61, § 1, eff. April 25, 2000; Acts 2001, c. 29, § 1, eff. April 10, 2001.
MD Code, Commercial Law, § 9-322, MD COML § 9-322
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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