{"data":{"id":"us-md/md.-code-corporations-and-associations-5-6b-17","jurisdiction":"us-md","citation":"Md. Code, Corporations and Associations § 5–6B–17","heading":"","body":"(a) Except as provided in subsection (b) of this section, a security interest in a cooperative interest shall attach, be perfected, and be enforceable as provided in Title 9 of the Commercial Law Article.\n(b) The security interest may be perfected by the secured party’s taking possession of the membership certificate or by filing a financing statement as provided in Title 9 of the Commercial Law Article.\n(c) On request of a secured party, the cooperative housing corporation shall note on its books and records the interest of the secured party in the cooperative interest.","path":["Article - Corporations and Associations"],"source_url":"https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gca\u0026section=5-6B-17","current_through":"2026-01-01","vintage":"","retrieved_at":"2026-09-14T19:56:43Z","sha256":"e3edcc3010360c452fbeab2f4a0ca5f4df937773d4419ec6d389e04a0ae7f9f2","source_id":"us-md","stale":false,"prev":"us-md/md.-code-corporations-and-associations-5-6b-16","next":"us-md/md.-code-corporations-and-associations-5-6b-18"},"notice":"GroundRules: Original legal text. Not legal advice."}