Maryland Statutes
§ 9-318
Maryland § 9-318
This text of Maryland § 9-318 is published on Counsel Stack Legal Research, covering Maryland primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Md. Code Ann., Commercial Law § 9-318 (2026).
Text
(a)A debtor that has sold an account, chattel paper, payment intangible, or promissory note does not retain a legal or equitable interest in the collateral sold.
(b)For purposes of determining the rights of creditors of, and purchasers for value of an account or chattel paper from, a debtor that has sold an account or chattel paper, while the buyer’s security interest is unperfected, the debtor is deemed to have rights and title to the account or chattel paper identical to those the debtor sold.
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Bluebook (online)
Maryland § 9-318, Counsel Stack Legal Research, https://law.counselstack.com/statute/md/gcl/9-318.