Section 9-501 - Filing office. - Maryland Statutes

§ 9-501. Filing office.
 

(a)  Except as otherwise provided in subsection (b), if the local law of this State governs perfection of a security interest or agricultural lien, the office in which to file a financing statement to perfect the security interest or agricultural lien is: 

(1) The office designated for the filing or recording of a record of a mortgage on the related real property, if: 

(A) The collateral is as-extracted collateral or timber to be cut; or 

(B) The financing statement is filed as a fixture filing and the collateral is goods that are or are to become fixtures; or 

(2) The Maryland State Department of Assessments and Taxation ("Department"), in all other cases, including a case in which the collateral is goods that are or are to become fixtures and the financing statement is not filed as a fixture filing. 

(b)  The office in which to file a financing statement to perfect a security interest in collateral, including fixtures, of a transmitting utility is the Department. The financing statement also constitutes a fixture filing as to the collateral indicated in the financing statement which is or is to become fixtures. 
 

[1999, ch. 282, § 2.]