|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1198
|
|
Ch. 378
|
|
|
|
|
LAWS OF MARYLAND
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
statement of assignment and its record reference on the index of
the financing or continuation statement being assigned, or in the
case of a filing as to collateral which is or is to become
fixtures, or a filing covering timber to be cut, or covering
minerals or the like he shall index the assignment under the name
of the assignor as grantor and, to the extent that the law of
this State provides for indexing the assignment of a mortgage
under the name of the assignee. After recording such assignment
the original shall be delivered or mailed to the assignee or his
agent whose name and address for purposes of delivery shall be
indicated on the statement of assignment. The uniform fee for the
filing, noting in the index of the financing or continuation
statement the fact of such assignment and its record reference,
furnishing a receipt for such filing and recording the assignment
in either the financing records or the land records, as the case
may be, shall be the amount determined under [§ 7-202 of the
Courts Article] § 3-601 OF THE REAL PROPERTY ARTICLE.
9-406.
A secured party of record may by his signed statement
release all or a part of any collateral described in a filed
financing statement. The statement of release is sufficient if it
contains a description of the collateral being released, the name
and address of the debtor, the name and address of the secured
party, and the file number, the record reference and the date of
filing of the financing statement. A statement of release signed
by a person other than the secured party of record must be
accompanied by a separate written statement of assignment signed
by the secured party of record and complying with subsection (2)
of § 9-405, including payment of the required fee. Upon
presentation of such a statement to the filing officer he shall
mark the statement with the hour and date of filing and shall
note the same with its record reference upon the margin of the
index of the filing of the financing statement. The uniform fee
for the filing, noting in the index of the financing or
continuation statement to which such release refers the fact
thereof and its record reference, furnishing a receipt for such
filing and recording such a statement of release shall be the
amount determined under [§ 7-202 of the Courts Article] § 3-601
OF THE REAL PROPERTY ARTICLE.
|
|
|
|
|
|
|
|
|
|
SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall
take effect July 1, 1983.
Approved May 24, 1983.
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
 |
