{"data":{"id":"us-md/md.-code-commercial-law-9-331","jurisdiction":"us-md","citation":"Md. Code, Commercial Law § 9–331","heading":"","body":"(a) This title does not limit the rights of a holder in due course of a negotiable instrument, a holder to which a negotiable document of title has been duly negotiated, or a protected purchaser of a security. These holders or purchasers take priority over an earlier security interest, even if perfected, to the extent provided in Titles 3, 7, and 8 of this article.\n(b) This title does not limit the rights of or impose liability on a person to the extent that the person is protected against the assertion of a claim under Title 8 of this article.\n(c) Filing under this title does not constitute notice of a claim or defense to the holders, or purchasers, or persons described in subsections (a) and (b).","path":["Article - Commercial Law"],"source_url":"https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gcl\u0026section=9-331","current_through":"2026-01-01","vintage":"","retrieved_at":"2026-09-14T19:56:33Z","sha256":"be64fdb62af62eb28d98d9a50dc83bb2d4ce30ed2d935f33fe7a7a7bb5c1ecd4","source_id":"us-md","stale":false,"prev":"us-md/md.-code-commercial-law-9-330","next":"us-md/md.-code-commercial-law-9-332"},"notice":"GroundRules: Original legal text. Not legal advice."}