- A. In this chapter, the following terms in Commercial Law Article, §9-402(d), Annotated Code of Maryland, have the meanings indicated.
B. Terms Defined.
(1) “County in which each debtor's principal place of business in the State is located” means:
- (a) For a debtor with one place of business, where the business is conducted;
(b) For a debtor with more than one place of business, where the debtor's:
- (i) Chief executive office is situated, or, if inapplicable,
- (ii) Business in this State is otherwise directed or managed, or, if inapplicable,
- (iii) Business in this State is primarily conducted.
(2) “County of residence in the State” means:
- (a) For a debtor with no place of business maintaining one place of abode, where the abode is situated;
- (b) For a debtor with no place of business maintaining more than one place of abode, where the debtor pays or would be required to pay county income tax.
Authority: Tax-Property Article, §§2-201, 12-103, and 12-112; Commercial Law Article, §§9-401 and 9-402; Annotated Code of Maryland
Effective date: June 30, 2008 (35:13 Md. R. 1181)