§ 9-205
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/md/commercial-law/9-205·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§9–205.
(a)A security interest is not invalid or fraudulent against creditors solely because:
(1)The debtor has the right or ability to:
(A)Use, commingle, or dispose of all or part of the collateral, including returned or repossessed goods;
(B)Collect, compromise, enforce, or otherwise deal with collateral;
(C)Accept the return of collateral or make repossessions; or
(D)Use, commingle, or dispose of proceeds; or
(2)The secured party fails to require the debtor to account for proceeds or replace collateral.
(b)This section does not relax the requirements of possession if attachment, perfection, or enforcement of a security interest depends upon possession of the collateral by the secured party.