Maryland § 9-628

§ 9-628.

    (a)    Unless a secured party knows that a person is a debtor or obligor, knows the identity of the person, and knows how to communicate with the person:

        (1)    The secured party is not liable to the person, or to a secured party or lienholder that has filed a financing statement against the person, for failure to comply with this title; and

        (2)    The secured party’s failure to comply with this title does not affect the liability of the person for a deficiency.

    (b)    A secured party is not liable because of its status as secured party:

        (1)    To a person that is a debtor or obligor, unless the secured party knows:

            (A)    That the person is a debtor or obligor;

            (B)    The identity of the person; and

            (C)    How to communicate with the person; or

        (2)    To a secured party or lienholder that has filed a financing statement against a person, unless the secured party knows:

            (A)    That the person is a debtor; and

            (B)    The identity of the person.

    (c)    A secured party is not liable to any person, and a person’s liability for a deficiency is not affected, because of any act or omission arising out of the secured party’s reasonable belief that a transaction is not a consumer-goods transaction or a consumer transaction or that goods are not consumer goods, if the secured party’s belief is based on its reasonable reliance on:

        (1)    A debtor’s representation concerning the purpose for which collateral was to be used, acquired, or held; or

        (2)    An obligor’s representation concerning the purpose for which a secured obligation was incurred.

    (d)    A secured party is not liable to any person under § 9-625(c)(2) for its failure to comply with § 9-616.

    (e)    A secured party is not liable under § 9-625(c)(2) more than once with respect to any one secured obligation.