{"data":{"id":"us-md/md.-code-commercial-law-9-611","jurisdiction":"us-md","citation":"Md. Code, Commercial Law § 9–611","heading":"","body":"(a) In this section, “notification date” means the earlier of the date on which:\n(1) A secured party sends to the debtor and any secondary obligor an authenticated notification of disposition; or\n(2) The debtor and any secondary obligor waive the right to notification.\n(b) Except as otherwise provided in subsection (d), a secured party that disposes of collateral under § 9-610 shall send to the persons specified in subsection (c) a reasonable authenticated notification of disposition.\n(c) To comply with subsection (b), the secured party shall send an authenticated notification of disposition to:\n(1) The debtor;\n(2) Any secondary obligor; and\n(3) If the collateral is other than consumer goods:\n(A) Any other person from which the secured party has received, before the notification date, an authenticated notification of a claim of an interest in the collateral;\n(B) Any other secured party or lienholder that, 10 days before the notification date, held a security interest in or other lien on the collateral perfected by the filing of a financing statement that:\n(i) Identified the collateral;\n(ii) Was indexed under the debtor’s name as of that date; and\n(iii) Was filed in the office in which to file a financing statement against the debtor covering the collateral as of that date; and\n(C) Any other secured party that, 10 days before the notification date, held a security interest in the collateral perfected by compliance with a statute, regulation, or treaty described in § 9-311(a).\n(d) Subsection (b) does not apply if the collateral is perishable or threatens to decline speedily in value or is of a type customarily sold on a recognized market.\n(e) A secured party complies with the requirement for notification prescribed by subsection (c)(3)(B) if:\n(1) Not later than 20 days or earlier than 30 days before the notification date, the secured party requests, in a commercially reasonable manner, information concerning financing statements indexed under the debtor’s name in the office indicated in subsection (c)(3)(B); and\n(2) Before the notification date, the secured party:\n(A) Did not receive a response to the request for information; or\n(B) Received a response to the request for information and sent an authenticated notification of disposition to each secured party named in that response whose financing statement covered the collateral.","path":["Article - Commercial Law"],"source_url":"https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gcl\u0026section=9-611","current_through":"2026-01-01","vintage":"","retrieved_at":"2026-09-14T19:56:33Z","sha256":"0a3a20d4b4326941783073d8368ed24b88b9b52b4c52886c6184a12a5eb308c0","source_id":"us-md","stale":false,"prev":"us-md/md.-code-commercial-law-9-610","next":"us-md/md.-code-commercial-law-9-612"},"notice":"GroundRules: Original legal text. Not legal advice."}
