2013 Maryland Code
TRANSPORTATION
§ 11-157 - Security interest


MD Transp Code § 11-157 (2013) What's This?

§11-157.

“Security interest”:

(1) Means an interest in a vehicle that is reserved or created by agreement and that secures payment or performance of an obligation; and

(2) Includes the interest of a lessor under a lease intended as security.

Disclaimer: These codes may not be the most recent version. Maryland may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.