{"data":{"id":"us-md/md.-code-commercial-law-9-704","jurisdiction":"us-md","citation":"Md. Code, Commercial Law § 9–704","heading":"","body":"A security interest that is enforceable immediately before this title takes effect but which would be subordinate to the rights of a person that becomes a lien creditor at that time:\n(1) Remains an enforceable security interest for one year after this title takes effect;\n(2) Remains enforceable thereafter if the security interest becomes enforceable under § 9-203 when this title takes effect or within one year thereafter; and\n(3) Becomes perfected:\n(A) Without further action, when this title takes effect if the applicable requirements for perfection under this title are satisfied before or at that time; or\n(B) When the applicable requirements for perfection are satisfied if the requirements are satisfied after that time.","path":["Article - Commercial Law"],"source_url":"https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gcl\u0026section=9-704","current_through":"2026-01-01","vintage":"","retrieved_at":"2026-09-14T19:56:33Z","sha256":"51e9f53ec1233212cc2a6449e242c0fca2481ccfc6014d11f1d2cdf920c85fa9","source_id":"us-md","stale":false,"prev":"us-md/md.-code-commercial-law-9-703","next":"us-md/md.-code-commercial-law-9-705"},"notice":"GroundRules: Original legal text. Not legal advice."}