Maryland Statutes
Subtitle 3 - Perfection and Priority
Section 9-309 - Security Interest Perfected Upon Attachment

The following security interests are perfected when they attach:
        (1)    A purchase-money security interest in consumer goods, except as otherwise provided in § 9-311(b) with respect to consumer goods that are subject to a statute or treaty described in § 9-311(a);
        (2)    An assignment of accounts or payment intangibles which does not by itself or in conjunction with other assignments to the same assignee transfer a significant part of the assignor’s outstanding accounts or payment intangibles;
        (3)    A sale of a payment intangible;
        (4)    A sale of a promissory note;
        (5)    A security interest created by the assignment of a health-care-insurance receivable to the provider of the health-care goods or services;
        (6)    A security interest arising under § 2-401, § 2-505, § 2-711(3), or § 2A-508(5) of this article, until the debtor obtains possession of the collateral;
        (7)    A security interest of a collecting bank arising under § 4-210 of this article;
        (8)    A security interest of an issuer or nominated person arising under § 5-118 of this article;
        (9)    A security interest arising in the delivery of a financial asset under § 9-206(c);
        (10)    A security interest in investment property created by a broker or securities intermediary;
        (11)    A security interest in a commodity contract or a commodity account created by a commodity intermediary;
        (12)    An assignment for the benefit of all creditors of the transferor and subsequent transfers by the assignee thereunder;
        (13)    A security interest created by an assignment of a beneficial interest in a decedent’s estate; and
        (14)    A sale by an individual of an account that is a right to payment of winnings in a lottery or other game of chance.

Structure Maryland Statutes