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Section 9-332 - Transfer of Money; Transfer of Funds From Deposit Account — Maryland Law | CourtGPT
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  7. Section 9-332 - Transfer of Money; Transfer of Funds From Deposit Account
Maryland Legal Code

Section 9-332 - Transfer of Money; Transfer of Funds From Deposit Account

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(a) A transferee of money takes the money free of a security interest unless the transferee acts in collusion with the debtor in violating the rights of the secured party. (b) A transferee of funds from a deposit account takes the funds free of a security interest in the deposit account unless the transferee acts in collusion with the debtor in violating the rights of the secured party.