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Session Laws, 1980
Volume 739, Page 2905   View pdf image
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HARRY HUGHES, Governor

2905

the circuit court in the county where the land on which the
crops are growing or to be grown is located or with the
clerk of the Superior Court of Baltimore City if the land is
located in Baltimore City;

(b)  When the collateral is [goods which at the
time the security interest attaches are or are to become
fixtures,] TIMBER TO BE CUT, OR IS MINERALS, OR THE LIKE
(INCLUDING OIL AND GAS), OR ACCOUNTS SUBJECT TO SUBSECTION
(5) OF § 9-103, OR WHEN THE COLLATERAL IS GOODS WHICH ARE OR
ARE TO BECOME FIXTURES then in the office where a mortgage
on the real estate concerned would be filed or recorded;

(c)  In all other cases, in the office of the
Maryland State Department of Assessments and Taxation and in
addition, if the debtor has a place of business in only one
county of this State, also in the office of the clerk of the
circuit court of such county or the office of the clerk of
the Superior Court of Baltimore City, or, if the debtor has
no place of business in this State, but resides in the
State also in the office of the clerk of the circuit court
of the county in which he resides or the office of the clerk
of the Superior Court of Baltimore City if he resides in
Baltimore City[.];

(d)  Nothing in this subsection shall be
construed to invalidate any financing statement properly
filed in good faith prior to July 1, 1971.

(2) A filing which is made in good faith in an
improper place or not in all of the places required by this
section is nevertheless effective with regard to any
collateral as to which the filing complied with the
requirements of this title and is also effective with regard
to collateral covered by the financing statement against any
person who has knowledge of the contents of such financing
statement

i) A filing which is made in the proper place in this
State continues effective even though the debtor's residence
or place of business or the location of the collateral or
its use. whichever controlled the original filing, is
thereafter changed.

(4)   [If collateral is brought into this State from
another jurisdiction, the] THE rules stated in § 9-103
determine whether filing is necessary in this State.

(5)  NOTWITHSTANDING THE PRECEDING SUBSECTIONS, AND
SUBJECT TO SUBSECTION (3) OF § 9-302, THE PROPER PLACE TO
FILE IN ORDER TO PERFECT A SECURITY INTEREST IN COLLATERAL,
INCLUDING FIXTURES, OF A TRANSMITTING UTILITY IS THE OFFICE
OF THE MARYLAND STATE DEPARTMENT OF ASSESSMENTS AND
TAXATION. THIS FILING SHALL BE EFFECTIVE AND MAY PERFECT A
SECURITY INTEREST IN COLLATERAL DESCRIBED THEREIN WHICH IS
OR IS TO BECOME FIXTURES. THE PRIORITIES PROVISIONS OF §
9-313 SHALL APPLY TO SUCH FILINGS

 

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Session Laws, 1980
Volume 739, Page 2905   View pdf image
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