There is a newer version of the Maryland Code
Maryland Commercial Law Section 9-332
§ 9-332.
  (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.
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