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Session Laws, 1974
Volume 713, Page 2893   View pdf image
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MARVIN MANDEL, Governor

2893

as the case may be, where the original financing or
continuation statement is recorded. In addition the
filing officer shall note the termination statement and
its record reference on the index of the financing or
continuation statement being terminated. After
recording such termination statement the original shall
be delivered or mailed to the person whose name and
address for purposes of delivery shall be indicated
thereon.

(3) The uniform fee for the filing, noting in the
index of the financing or continuation statement the fact
of such termination and its record reference, furnishing
a receipt for such filing and recording the termination
statement in either the financing records or the land
records, as the case may be, shall be the amount
specified in [Article 36, § 12 (a) (17), 1962 Suppl.,
Annotated Code of Maryland, as same may be amended from
time to time] §7-202 (B-4) OF THE COURTS ARTICLE OF THE
CODE.

9-405.

(1)    A financing statement may disclose an
assignment of a security interest in the collateral
described in the statement by indication in the statement
of the name and address of the assignee or by an
assignment itself or a copy thereof on the face or back
of the statement. Either the original secured party or
the assignee may sign this statement as the secured
party. On presentation to the filing officer of such a
financing statement the filing officer shall mark,
receipt for, index, record and deliver or mail the same
as provided in § 9—403 (4). The uniform fee for the
filing, indexing, furnishing a receipt for such filing
and recording with respect to such a financing statement
shall be the amount specified in [Article 36, § 12 (a)
(17), 1962 Suppl., Annotated Code of Maryland,]
§7-202(B-4) OF THE COURTS ARTICLE OF THE CODE, as same
may be amended from time to time.

(2)    A secured party may assign of record all or a
part of his rights under a financing statement by the
filing of a separate written statement of assignment
signed by the secured party of record and setting forth
the name of the secured party of record and the debtor,
the identifying file number, the record reference and the
date of filing of the financing statement and the name
and address of the assignee and containing a description
of the collateral assigned. A copy of the assignment is
sufficient as a separate statement if it complies with
the preceding sentence. Presentation to the filing
officer of such a separate statement of assignment, he
shall mark it with an identifying file number and with

 

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Session Laws, 1974
Volume 713, Page 2893   View pdf image
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