(a) The creation of a financier’s interest does not place any obligations on or alter the rights of a licensor.
(b) A financier’s interest does not attach to any intellectual property rights of the licensor unless the licensor expressly consents to such attachment in a license or another record.
Structure Maryland Statutes
Title 22 - Maryland Uniform Computer Information Transactions Act
Subtitle 5 - Transfer of Interests and Rights; Ownership and Transfers; Financing Arrangements
Section 22-501 - Ownership of Informational Rights
Section 22-502 - Title to Copy
Section 22-503 - Transfer of Contractual Interest
Section 22-504 - Effect of Transfer of Contractual Interest
Section 22-505 - Performance by Delegate; Subcontract
Section 22-506 - Transfer of Transferee's Interest by Licensee
Section 22-507 - Financing if Financier Does Not Become Licensee
Section 22-508 - Finance Licenses
Section 22-509 - Financing Arrangements: Obligations Irrevocable
Section 22-510 - Financing Arrangements: Remedies or Enforcement
Section 22-511 - Financing Arrangements: Effect on Licensor's Rights