Code of Virginia - Title 29.1 Game, Inland Fisheries And Boating - Section 29.1-725 Certificate as notice of security interest

§ 29.1-725. Certificate as notice of security interest

The certificate of title, when issued by the Department showing a security interest, shall be deemed adequate notice to the Commonwealth, creditors, and purchasers that a security interest in the watercraft exists and the recording or filing of such creation or reservation of a security interest in the county or city wherein the purchaser or debtor resides or elsewhere shall not be required. Watercraft, other than those which are inventory held for sale, for which a certificate of title has been issued under this chapter shall be exempt from the provisions of §§ 8.9A-309 to 8.9A-312, 8.9A-320, 8.9A-322 to 8.9A-324, 8.9A-331, 8.9A-404 to 8.9A-406, 8.9A-501 to 8.9A-604, and 55-96.

(1981, c. 405, § 62.1-186.14; 1987, c. 488.)

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Last modified: April 16, 2009