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Session Laws, 1982
Volume 742, Page 4505   View pdf image
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HARRY HUGHES, Governor

4505

the circuit court in the county[, or of Superior Court of
Baltimore City,] in which the property was located at the
time of transfer.

6-106.

In addition to the requirements of the two preceding
sections:

(4) The transferee may within ten days after he
takes possession of the goods file a petition in the circuit
court for the county in which the place of business of the
transferor is situated [or in the circuit court or Circuit
Court No. 2 of Baltimore City in case the place of business
of the transferor is situated in Baltimore City] and pay the
consideration into such court asking that a receiver or
receivers be appointed by said court to take charge of the
distribution of the agreed purchase price and the transferee
may discharge his duty under this section by giving notice
by registered or certified mail to all the persons to whom
the duty runs that the consideration has been paid into that
court and that they should file their claims there. If said
receivership is granted then said receiver or receivers,
upon qualification by filing an approved bond in the amount
fixed by the court, shall be entitled to the custody and
distribution of the agreed purchase price under orders of
the court as in other receiverships,

9-401.

(1) The proper place to file in order to perfect a
security interest is as follows:

(a) When the collateral is equipment used in
farming operations, or farm products, or accounts, or
general intangibles arising from or relating to the sale of
farm products by a farmer, or consumer goods, then in the
office of the clerk of the circuit court in the county of
the debtor's residence tor with the clerk of the Superior
Court of Baltimore City if the debtor resides in Baltimore
City] or if the debtor is not a resident of this State then
in the office of the clerk of the circuit court in the
county where the goods are kept [or with the clerk of the
Superior Court of Baltimore City if the goods are kept in
Baltimore City], and in addition when the collateral is
crops growing or to be grown, in the office of the clerk of
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];

(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

 

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Session Laws, 1982
Volume 742, Page 4505   View pdf image
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