Section 9-110 - Security interests arising under Title 2 or 2A. - Maryland Statutes

§ 9-110. Security interests arising under Title 2 or 2A.
 

A security interest arising under § 2-401, § 2-505, § 2-711 (3), or § 2A-508 (5) of this article is subject to this title. However, until the debtor obtains possession of the goods: 

(1) The security interest is enforceable, even if § 9-203 (b) (3) has not been satisfied; 

(2) Filing is not required to perfect the security interest; 

(3) The rights of the secured party after default by the debtor are governed by Title 2 or 2A of this article; and 

(4) The security interest has priority over a conflicting security interest created by the debtor. 
 

[1999, ch. 282, § 2.]