(a) A secured party of record with respect to a financing statement is a person whose name is provided as the name of the secured party or a representative of the secured party in an initial financing statement that has been filed. If an initial financing statement is filed under § 9-514(a), the assignee named in the initial financing statement is the secured party of record with respect to the financing statement.
(b) If an amendment of a financing statement which provides the name of a person as a secured party or a representative of a secured party is filed, the person named in the amendment is a secured party of record. If an amendment is filed under § 9-514(b), the assignee named in the amendment is a secured party of record.
(c) A person remains a secured party of record until the filing of an amendment of the financing statement which deletes the person.
Structure Maryland Statutes
Title 9 - Secured Transactions
Section 9-501.1 - Filing False Financing Statement Prohibited
Section 9-503 - Name of Debtor and Secured Party
Section 9-504 - Indication of Collateral
Section 9-506 - Effect of Errors or Omissions
Section 9-507 - Effect of Certain Events on Effectiveness of Financing Statement
Section 9-509 - Persons Entitled to File a Record
Section 9-510 - Effectiveness of Filed Record
Section 9-511 - Secured Party of Record
Section 9-512 - Amendment of Financing Statement
Section 9-513 - Termination Statement
Section 9-514 - Assignment of Powers of Secured Party of Record
Section 9-516 - What Constitutes Filing; Effectiveness of Filing
Section 9-517 - Effect of Indexing Errors
Section 9-518 - Claim Concerning Inaccurate or Wrongfully Filed Record
Section 9-520 - Acceptance and Refusal to Accept Record
Section 9-521 - Uniform Form of Written Financing Statement and Amendment
Section 9-522 - Maintenance and Destruction of Records
Section 9-523 - Information From Filing Office; Sale or License of Records