Md. Code, Commercial Law § 9-525

This is the official text of Md. Code, Commercial Law § 9-525, part of Maryland’s Code, Commercial Law — governs commercial transactions - Maryland's version of the Uniform Commercial Code.

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§9–525.

Official statutory text

(a) Except as otherwise provided in subsection (c), the fee for filing and indexing a record under this part, other than an initial financing statement of the kind described in § 9-502(c), is:

(1) $25 if the record is communicated in writing and consists of eight or fewer pages;

(2) $75 if the record is communicated in writing and consists of more than eight pages; and

(3) $25 if the record is communicated by another medium authorized by filing-office rule.

(b) The number of names required to be indexed does not affect the amount of the fee in subsection (a).

(c) This section does not require a fee with respect to a record of a mortgage which is effective as a financing statement filed as a fixture filing or as a financing statement covering as-extracted collateral or timber to be cut under § 9-502(c). However, the recording and satisfaction fees that otherwise would be applicable to the record of the mortgage apply.

Status: in_force · Read it on the official government site

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