“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.
“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.
Official source: Maryland General Assembly. Reproduced from public-domain Maryland statutes; confirm against the official source for the current text. Not legal advice.