§ 9–332
Statutes in effect as of October 1, 2026.
Md. Code Ann., Com. Law § 9-332 (2026)
Title 9. Secured Transactions
Subtitle 3. Perfection and Priority
§ 9–332LinkCopy Citation
(a)
A transferee of money takes the money free of a security interest unless the transferee acts in collusion with the debtor in violating the rights of the secured party.
(b)
A transferee of funds from a deposit account takes the funds free of a security interest in the deposit account unless the transferee acts in collusion with the debtor in violating the rights of the secured party.