Ch. 3

1995 LAWS OF MARYLAND

DRAFTER'S NOTE:

Error: Inconsistent date in § 9-401(1)(d) of the Commercial Law Article.

Occurred: Ch. 720, Acts of 1994.
9-401.2.               .                                             

(1)     For the purposes of this section, a "modification statement" shall include any
statement filed on or after [October 1, 1994] JULY 1, 1995, for the purpose of continuing
perfection under, amending, terminating, assigning rights under, or releasing collateral
from the effect of a financing statement filed pursuant to this title prior to [October 1,
1994] JULY 1, 1995.

(2)     (a) In the case of any filings to perfect a security interest made both in the
office of the State Department of Assessments and Taxation and in the office of the clerk
of the circuit court of a county pursuant to § 9-401(1) of this subtitle as then in effect
prior to [October 1, 1994] JULY 1, 1995, the secured party shall file a modification
statement only in the office of the State Department of Assessments and Taxation in
accordance with the provisions of § 9-401.1(4) of this subtitle.

(d)     In all cases in which a financing statement was filed only in the office of
the clerk of the circuit court in a county prior to [October 1, 1994] JULY 1, 1995, in order
to perfect a security interest pursuant to the requirements of § 9-401(l)(a) or (b) of this
subtitle as then in effect, any modification statement relating to such financing statement
shall be filed in such clerk's office.

(e)     In all cases in which a financing statement was filed only in the office of
the State Department of Assessments and Taxation prior to [October 1, 1994] JULY 1,
1995, in order to perfect a security interest pursuant to the requirements of § 9-401(1) of
this subtitle as then in effect, any modification statement relating to the financing
statement shall be filed in that office.

DRAFTER'S NOTE:

Error: In § 9-401.2 of the Commercial Law Article, inconsistent dates in
subsections (1) and (2)(a), (d), and (e), and omitted commas in subsections
(1) and (2)(d) and (e).

Occurred: Ch. 720, Acts of 1994.

Article - State Government

9-1806.

(d) The Commission is subject to an audit by the Office of the Legislative Auditor
in accordance with §§ 2-1212 through 2-1222 of [the State Government Article] THIS
ARTICLE.

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