§ 9–309
Statutes in effect as of October 1, 2026.
Md. Code Ann., Com. Law § 9-309 (2026)
Title 9. Secured Transactions
Subtitle 3. Perfection and Priority
§ 9–309LinkCopy Citation
The following security interests are perfected when they attach:
(1)
A purchase-money security interest in consumer goods, except as otherwise provided in § 9-311(b) with respect to consumer goods that are subject to a statute or treaty described in § 9-311(a);
(2)
An assignment of accounts or payment intangibles which does not by itself or in conjunction with other assignments to the same assignee transfer a significant part of the assignor’s outstanding accounts or payment intangibles;
(3)
A sale of a payment intangible;
(4)
A sale of a promissory note;
(5)
A security interest created by the assignment of a health-care-insurance receivable to the provider of the health-care goods or services;
(6)
A security interest arising under § 2-401, § 2-505, § 2-711(3), or § 2A-508(5) of this article, until the debtor obtains possession of the collateral;
(7)
A security interest of a collecting bank arising under § 4-210 of this article;
(8)
A security interest of an issuer or nominated person arising under § 5-118 of this article;
(9)
A security interest arising in the delivery of a financial asset under § 9-206(c);
(10)
A security interest in investment property created by a broker or securities intermediary;
(11)
A security interest in a commodity contract or a commodity account created by a commodity intermediary;
(12)
An assignment for the benefit of all creditors of the transferor and subsequent transfers by the assignee thereunder;
(13)
A security interest created by an assignment of a beneficial interest in a decedent’s estate; and
(14)
A sale by an individual of an account that is a right to payment of winnings in a lottery or other game of chance.