(a) The filing and issuance of a new certificate of title as provided in this chapter shall constitute constructive notice of all liens and encumbrances against the motorboat described in the certificate of title to creditors of the owner, subsequent purchasers, and encumbrancers, except those liens as may be authorized by law dependent upon possession. (b) (1) A lien is perfected on the date of execution if the documents required under § 27-101-1015 are filed with the Office of Motor Vehicle within thirty (30) days from the date of execution. (2) Otherwise, constructive notice shall date from the time of receipt and filing of the documents by the Office of Motor Vehicle noted on the application as required under § 27-101-1016 . Added by Act 2019, No. 733,§ 16, eff. 7/24/2019. (a) The filing and issuance of a new certificate of title as provided in this chapter shall constitute constructive notice of all liens and encumbrances against the motorboat described in the certificate of title to creditors of the owner, subsequent purchasers, and encumbrancers, except those liens as may be authorized by law dependent upon possession. (b) (1) A lien is perfected on the date of execution if the documents required under § 27-101-1015 are filed with the Office of Motor Vehicle within thirty (30) days from the date of execution. (2) Otherwise, constructive notice shall date from the time of receipt and filing of the documents by the Office of Motor Vehicle noted on the application as required under § 27-101-1016 . Added by Act 2019, No. 733,§ 16, eff. 7/24/2019. (a) The filing and issuance of a new certificate of title as provided in this chapter shall constitute constructive notice of all liens and encumbrances against the motorboat described in the certificate of title to creditors of the owner, subsequent purchasers, and encumbrancers, except those liens as may be authorized by law dependent upon possession. (b) (1) A lien is perfected on the date of execution if the documents required under § 27-101-1015 are filed with the Office of Motor Vehicle within thirty (30) days from the date of execution. (2) Otherwise, constructive notice shall date from the time of receipt and filing of the documents by the Office of Motor Vehicle noted on the application as required under § 27-101-1016 . Added by Act 2019, No. 733,§ 16, eff. 7/24/2019. (a) The filing and issuance of a new certificate of title as provided in this chapter shall constitute constructive notice of all liens and encumbrances against the motorboat described in the certificate of title to creditors of the owner, subsequent purchasers, and encumbrancers, except those liens as may be authorized by law dependent upon possession. (b) (1) A lien is perfected on the date of execution if the documents required under § 27-101-1015 are filed with the Office of Motor Vehicle within thirty (30) days from the date of execution. (2) Otherwise, constructive notice shall date from the time of receipt and filing of the documents by the Office of Motor Vehicle noted on the application as required under § 27-101-1016 . (1) A lien is perfected on the date of execution if the documents required under § 27-101-1015 are filed with the Office of Motor Vehicle within thirty (30) days from the date of execution. (2) Otherwise, constructive notice shall date from the time of receipt and filing of the documents by the Office of Motor Vehicle noted on the application as required under § 27-101-1016 .
‹ Prev All Arkansas sections Next ›
Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.