# Commercial Law (GCL)

## Title 9. Secured Transactions

### Subtitle 1. General Provisions

#### Section 9-110

A security interest arising under Sec. 2-401, Sec. 2-505, Sec. 2-711(3), or Sec. 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 Sec. 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.

---

Md. Code Ann., Com. Law (as displayed at mgaleg.maryland.gov, October 16, 2026)