§ 9–605

Statutes in effect as of October 1, 2026.

Md. Code Ann., Com. Law § 9-605 (2026)

Title 9. Secured Transactions

Subtitle 6. Default

A secured party does not owe a duty based on its status as secured party:

(1)

To a person that is a debtor or obligor, unless the secured party knows:

(A)

That the person is a debtor or obligor;

(B)

The identity of the person; and

(C)

How to communicate with the person; or

(2)

To a secured party or lienholder that has filed a financing statement against a person, unless the secured party knows:

(A)

That the person is a debtor; and

(B)

The identity of the person.