# Commercial Law (GCL)

## Title 9. Secured Transactions

### Subtitle 3. Perfection and Priority

#### Section 9-332

(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.

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