Code of Virginia - Title 29.1 Game, Inland Fisheries And Boating - Section 29.1-727 Priority of security interests shown on certificates

§ 29.1-727. Priority of security interests shown on certificates

The security interests, except security interests in watercraft which are inventory held for sale and which are perfected under §§ 8.9A-501 through 8.9A-527, shown upon the certificates of title issued by the Department pursuant to applications for certificates shall have priority over any other liens or security interests against the watercraft however created and recorded, except for a mechanics lien for repairs to the extent of $150 given by § 43-33 if the requirements exist, provided the mechanic furnishes the holder of any such recorded lien who may request it with an itemized sworn statement of the work done and materials supplied for which the lien is claimed.

(1981, c. 405, § 62.1-186.16; 1987, c. 488.)

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Last modified: April 16, 2009