{"data":{"id":"us-md/md.-code-commercial-law-9-205","jurisdiction":"us-md","citation":"Md. Code, Commercial Law § 9–205","heading":"","body":"(a) A security interest is not invalid or fraudulent against creditors solely because:\n(1) The debtor has the right or ability to:\n(A) Use, commingle, or dispose of all or part of the collateral, including returned or repossessed goods;\n(B) Collect, compromise, enforce, or otherwise deal with collateral;\n(C) Accept the return of collateral or make repossessions; or\n(D) Use, commingle, or dispose of proceeds; or\n(2) The secured party fails to require the debtor to account for proceeds or replace collateral.\n(b) This section does not relax the requirements of possession if attachment, perfection, or enforcement of a security interest depends upon possession of the collateral by the secured party.","path":["Article - Commercial Law"],"source_url":"https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gcl\u0026section=9-205","current_through":"2026-01-01","vintage":"","retrieved_at":"2026-09-14T19:56:33Z","sha256":"083c0a82aa45d6c18ba9c6a1e54a1c6bfe7ec98f62bfb11d52fd81498a3fb3b0","source_id":"us-md","stale":false,"prev":"us-md/md.-code-commercial-law-9-204","next":"us-md/md.-code-commercial-law-9-206"},"notice":"GroundRules: Original legal text. Not legal advice."}
