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§ 9-110. Security interests arising under Title 2 or 2A

MD Comm L Code § 9-110 (2019) (N/A)
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A security interest arising under § 2-401, § 2-505, § 2-711(3), or § 2A-508(5) of this article is subject to this title. However, until the debtor obtains possession of the goods:

(1)    The security interest is enforceable, even if § 9-203(b)(3) has not been satisfied;

(2)    Filing is not required to perfect the security interest;

(3)    The rights of the secured party after default by the debtor are governed by Title 2 or 2A of this article; and

(4)    The security interest has priority over a conflicting security interest created by the debtor.

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