(a) A nonpossessory lien on a titled watercraft is not perfected unless a lien statement is filed with the commissioner. (b) The lien statement must include: (1) the watercraft owner's name and address; (2) the statute under which the lien is taken; (3) the name and address of the lienholder; and (4) the title number of the watercraft. (c) The commissioner shall note the time and date of filing the lien statement.
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