(a) A lien or other encumbrance on a vehicle may be filed by delivering to the department
(1) a manufacturer's certificate of origin or an existing certificate of title;
(2) an application for a new certificate of title, signed by the registered owner and containing the name and address of any lienholder and the date of the lienholder's interest;
(3) applicable filing fees required by law; and
(4) other documents or information required by the department.
(b) Upon approval of the application, the department shall send to the person holding a lien or other encumbrance a new certificate of title which displays the name of the owner and indicates the existence of the lien or other encumbrance.
(c) Except as otherwise provided in AS 28.10.262 , 28.10.263, and AS 34.85, after a certificate of title to a manufactured home has been issued and while the manufactured home is subject to a lien or encumbrance under (a) of this section,
(1) the department may not cancel the manufacturer's certificate of origin for the manufactured home under AS 28.10.262 , or cancel the certificate of title to the manufactured home under AS 28.10.263 ; and
(2) the validity and priority of the lien or encumbrance continues.
Section: Previous 28.10.371 28.10.375 28.10.380 28.10.381 28.10.390 28.10.391 28.10.400 28.10.401 28.10.410 NextLast modified: November 15, 2016