Sections 8-729 through 8-736 of this subtitle 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 vessel; (2) A lien given by statute to the United States, the State, or any political subdivision of the State; (3) A security interest in a vessel during any period in which the vessel is inventory held for sale or lease by a person or leased by that person as lessor and that person is in the business of selling vessels; (4) Any lien arising out of an attachment of a vessel; (5) Any security interest claimed on proceeds, as defined in § 9- 102(a)(65) of the Commercial Law Article, if the original security interest did not have to be noted on the certificate of title in order to be perfected; or (6) Any vessel for which a certificate of title is not required under this subtitle.
‹ Prev All Maryland 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.