Maryland Statutes
Title 9 - Secured Transactions
Subtitle 6 - Default

Section 9-601 - Rights After Default; Judicial Enforcement; Consignor or Buyer of Accounts, Chattel Paper, Payment Intangibles, or Promissory Notes - (a) After default, a secured party has the rights provided...

Section 9-602 - Waiver and Variance of Rights and Duties - Except as otherwise provided in § 9-624, to the extent...

Section 9-603 - Agreement on Standards Concerning Rights and Duties - (a) The parties may determine by agreement the standards measuring...

Section 9-604 - Procedure if Security Agreement Covers Real Property or Fixtures - (a) If a security agreement covers both personal and real...

Section 9-605 - Unknown Debtor or Secondary Obligor - A secured party does not owe a duty based on...

Section 9-606 - Time of Default for Agricultural Lien - For purposes of this subtitle, a default occurs in connection...

Section 9-607 - Collection and Enforcement by Secured Party - (a) If so agreed, and in any event after default,...

Section 9-608 - Application of Proceeds of Collection or Enforcement; Liability for Deficiency and Right to Surplus - (a) If a security interest or agricultural lien secures payment...

Section 9-609 - Secured Party's Right to Take Possession After Default - (a) After default, a secured party: (1) May take possession...

Section 9-610 - Disposition of Collateral After Default - (a) After default, a secured party may sell, lease, license,...

Section 9-611 - Notification Before Disposition of Collateral - (a) In this section, “notification date” means the earlier of...

Section 9-612 - Timeliness of Notification Before Disposition of Collateral - (a) Except as otherwise provided in subsection (b), whether a...

Section 9-613 - Contents and Form of Notification Before Disposition of Collateral: General - Except in a consumer-goods transaction, the following rules apply: (1)...

Section 9-614 - Contents and Form of Notification Before Disposition of Collateral: Consumer-Goods Transaction - In a consumer-goods transaction, the following rules apply: (1) A...

Section 9-615 - Application of Proceeds of Disposition; Liability for Deficiency and Right to Surplus - (a) A secured party shall apply or pay over for...

Section 9-616 - Explanation of Calculation of Surplus or Deficiency - (a) In this section: (1) “Explanation” means a writing that:...

Section 9-617 - Rights of Transferee of Collateral - (a) A secured party’s disposition of collateral after default: (1)...

Section 9-618 - Rights and Duties of Certain Secondary Obligors - (a) A secondary obligor acquires the rights and becomes obligated...

Section 9-619 - Transfer of Record or Legal Title - (a) In this section, “transfer statement” means a record authenticated...

Section 9-620 - Acceptance of Collateral in Full or Partial Satisfaction of Obligation; Compulsory Disposition of Collateral - (a) Except as otherwise provided in subsection (g), a secured...

Section 9-621 - Notification of Proposal to Accept Collateral - (a) A secured party that desires to accept collateral in...

Section 9-622 - Effect of Acceptance of Collateral - (a) A secured party’s acceptance of collateral in full or...

Section 9-623 - Right to Redeem Collateral - (a) A debtor, any secondary obligor, or any other secured...

Section 9-624 - Waiver - (a) A debtor or secondary obligor may waive the right...

Section 9-625 - Remedies for Secured Party's Failure to Comply With Title - (a) If it is established that a secured party is...

Section 9-626 - Action in Which Deficiency or Surplus Is in Issue - In an action arising from a transaction in which the...

Section 9-627 - Determination of Whether Conduct Was Commercially Reasonable - (a) The fact that a greater amount could have been...

Section 9-628 - Nonliability and Limitation on Liability of Secured Party; Liability of Secondary Obligor - (a) Unless a secured party knows that a person is...