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Session Laws, 1963
Volume 671, Page 938   View pdf image (33K)
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940                             LAWS OF MARYLAND                      [CH. 538

(5) The uniform fee for filing, indexing and furnishing filing
data for an original or a continuation statement shall be three dollars
($3.00).

(4)    UPON PRESENTATION OF SUCH A FINANCING OR
CONTINUATION STATEMENT, OR ANY AMENDMENT
THEREOF, TO THE FILING OFFICER, OTHER THAN ONE RE-
LATING TO FIXTURES UNDER SECTION 9-401(1) (A), HE
SHALL MARK IT WITH AN IDENTIFYING FILE NUMBER
AND WITH THE DATE AND HOUR OF FILING AND GIVE A
RECEIPT THEREFOR AND HE SHALL RECORD SAME IN THE
FINANCING RECORDS FOR PUBLIC INSPECTION. IN ADDI-
TION THE FILING OFFICER SHALL INDEX SUCH A FINANC-
ING OR CONTINUATION STATEMENT ALPHABETICALLY
ACCORDING TO THE NAME OF THE DEBTOR AND SHALL
NOTE IN SUCH INDEX THE NAME OF THE SECURED PARTY,
THE IDENTIFYING FILE NUMBER, THE LIBER AND FOLIO
NUMBER OF THE RECORD REFERENCE OF SUCH FINANC-
ING OR CONTINUATION STATEMENT, AND THE DATE OF
FILING. IT SHALL NOT BE NECESSARY TO INDEX SUCH
STATEMENT ACCORDING TO THE NAME OF THE SECURED
PARTY. THE INDEX SHALL ALSO CONTAIN SUFFICIENT
SPACE FOR THE NOTING THEREIN OF AN AMENDMENT,
ASSIGNMENT, TERMINATION OR RELEASE RELATING
THERETO, AND WITH RESPECT TO ANY AMENDMENT OF A
FINANCING STATEMENT OR A CONTINUATION STATE-
MENT THE FACT OF SUCH AMENDMENT SHALL BE NOTED
IN THE INDEX OF THE STATEMENT BEING AMENDED
WITH THE RECORD REFERENCE OF SUCH AMENDMENT.
AFTER RECORDING SUCH STATEMENT, OR AMENDMENT,
THE ORIGINAL SHALL BE DELIVERED OR MAILED TO THE
SECURED PARTY OR HIS AGENT WHOSE NAME AND AD-
DRESS FOR PURPOSES OF DELIVERY SHALL BE INDICATED
ON THE STATEMENT OR AMENDMENT. WITH RESPECT TO
A FINANCING OR CONTINUATION STATEMENT OR ANY
AMENDMENT THEREOF, RELATING TO FIXTURES, SAME
SHALL BE INDEXED AND RECORDED AMONG THE LAND
RECORDS AS A MORTGAGE EFFECTING AN INTEREST IN
LAND.

(5)   THE UNIFORM FEE FOR THE FILING, INDEXING,
FURNISHING A RECEIPT FOR SUCH FILING, AND RECORD-
ING FOR A FINANCING STATEMENT, OR FOR A CONTINUA-
TION STATEMENT, OR FOR ANY AMENDMENT THEREOF,
WHETHER RECORDED IN THE FINANCING RECORDS OR
THE LAND RECORDS, SHALL BE THE AMOUNT SPECIFIED
IN ARTICLE 36, SECTION 12(A)(17), 1962 SUPPL., ANNO-
TATED CODE OF MARYLAND, AS SAME MAY BE AMENDED
FROM TIME TO TIME.

9404. Termination Statement.

(1) Whenever there is no outstanding secured obligation and
no commitment to make advances, incur obligations or otherwise
give value, the secured party must on written demand by the debtor
send the debtor a statement that he no longer claims a security inte-
rest under the financing statement, which shall be identified by file


 

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Session Laws, 1963
Volume 671, Page 938   View pdf image (33K)
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