Md. Code, Commercial Law § 9-332

§9–332.

Year: 2026Length: 68 wordsSubsections: 2Official source
(a) A transferee of money takes the money free of a security interest unless the transferee acts in collusion with the debtor in violating the rights of the secured party. (b) A transferee of funds from a deposit account takes the funds free of a security interest in the deposit account unless the transferee acts in collusion with the debtor in violating the rights of the secured party.
Md. Code, Commercial Law § 9-332: §9–332. | Justis AI