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Current as of January 01, 2025 | Updated by Findlaw Staff
(a) In this subtitle, “perfected”, as used in reference to a security interest, means that it is valid against third parties generally, subject only to specific statutory exceptions.
(b) This subtitle does not apply to or affect:
(1) Any lien given by statute or rule of law to a supplier of services or materials for a vehicle;
(2) Any lien given by statute to the United States, this State, or any political subdivision of this State;
(3) Any security interest in a vehicle during any period in which the vehicle is inventory held for sale or lease by a person or leased by that person as lessor and that person is in the business of selling vehicles;
(4) Any lien arising out of an attachment of a vehicle;
(5) Any security interest claimed on proceeds, as that term is defined in Title 9 of the Commercial Law Article (Maryland Uniform Commercial Code -- Secured Transactions 1), if the original security interest did not have to be noted on the certificate of title in order to be perfected; or
(6) Any vehicle for which a certificate of title is not required under this title.
Cite this article: FindLaw.com - Maryland Code, Transportation § 13-201 - last updated January 01, 2025 | https://codes.findlaw.com/md/transportation/md-code-trans-sect-13-201/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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