Section 26-1507 - Creation of security interest(a) A license holder may create a security interest in the license in favor of a landlord or a creditor of the license holder.(b) The security interest shall be perfected in accordance with the Commercial Law Article.(c) The license holder shall deliver to the Board a copy of the underlying security agreement that is signed by or on behalf of the individual or entity that holds the license.Added by 2016 Md. Laws, Ch. 41, Sec. 2, eff. 7/1/2016.