# Commercial Law (GCL)

## Title 9. Secured Transactions

### Subtitle 3. Perfection and Priority

#### Section 9-325

(a) Except as otherwise provided in subsection (b), a security interest created by a debtor is subordinate to a security interest in the same collateral created by another person if:

  (1) The debtor acquired the collateral subject to the security interest created by the other person;

  (2) The security interest created by the other person was perfected when the debtor acquired the collateral; and

  (3) There is no period thereafter when the security interest is unperfected.

(b) Subsection (a) subordinates a security interest only if the security interest:

  (1) Otherwise would have priority solely under Sec. 9-322(a) or Sec. 9-324; or

  (2) Arose solely under Sec. 2-711(3) or Sec. 2A-508(5) of this article.

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