§ 5-6B-17. Perfection of interest
West's Annotated Code of MarylandCorporations and Associations
MD Code, Corporations and Associations, § 5-6B-17
§ 5-6B-17. Perfection of interest
(a) Except as provided in subsection (b) of this section, a security interest in a cooperative interest shall attach, be perfected, and be enforceable as provided in Title 9 of the Commercial Law Article.
(b) The security interest may be perfected by the secured party's taking possession of the membership certificate or by filing a financing statement as provided in Title 9 of the Commercial Law Article.
Credits
Added by 1986, c. 833, 834.
MD Code, Corporations and Associations, § 5-6B-17, MD CORP & ASSNS § 5-6B-17
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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