2004 Minnesota Code
Chapters 85 - 87 Recreation
Chapter 86B Water Safety, Watercraft, and Watercraft Titling
Section 86B.875 Inapplicable liens and security interests.
86B.875 Inapplicable liens and security interests.
The requirements of this chapter relating to security interests and certificate of title do not apply to or affect:
(1) a lien given by statute or rule of law to a supplier of services or materials for the watercraft while the watercraft is in the possession of the lienholder;
(2) a lien given by statute to the United States, this state, or a political subdivision of this state; or
(3) a security interest in a watercraft created by a manufacturer or dealer who holds the watercraft for sale.
HIST: 1989 c 335 art 1 s 233; 1990 c 391 art 10 s 3
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