Plain Text Law

§ 9–805

Statutes in effect as of October 1, 2026.

Md. Code Ann., Com. Law § 9-805 (2026)
Title 9. Secured Transactions
Subtitle 8. Transition Provisions for 2012 Amendments

§ 9–805Copy Citation

A security interest that is an unperfected security interest immediately before the Act takes effect becomes a perfected security interest:
(1)
Without further action, when the Act takes effect if the applicable requirements for perfection under this title, as amended by the Act, are satisfied before or at that time; or
(2)
When the applicable requirements for perfection are satisfied if the requirements are satisfied after that time.