(a) A buyer in ordinary course of business has the protections afforded by §§ 28:2-403(2) and 28:9-320(a) even if an existing certificate of title was not signed and delivered to the buyer or a new certificate of title listing the buyer as owner of record was not created.
(b) Except as otherwise provided in §§ 50-1541.16 and 50-1541.23, the rights of a purchaser of a vessel that is not a buyer in ordinary course of business or a lien creditor are governed by Subtitle I of Title 28.
(Mar. 11, 2015, D.C. Law 20-215, § 23, 61 DCR 13083.)
Applicability of D.C. Law 20-215: Section 32 of D.C. Law 20-215 provided that the act shall apply as of January 1, 2016.
Structure District of Columbia Code
Title 50 - Motor and Non-Motor Vehicles and Traffic
Chapter 15B - Uniform Certificate of Title for Vessels
§ 50–1541.03. Supplemental principles of law and equity
§ 50–1541.04. Law governing vessel covered by certificate of title
§ 50–1541.05. Certificate of title required
§ 50–1541.06. Application for certificate of title
§ 50–1541.07. Creation and cancellation of certificate of title
§ 50–1541.08. Content of certificate of title
§ 50–1541.10. Maintenance of and access to files
§ 50–1541.11. Action required on creation of certificate of title
§ 50–1541.12. Effect of certificate of title
§ 50–1541.13. Effect of possession of certificate of title; judicial process
§ 50–1541.14. Perfection of security interest
§ 50–1541.15. Termination statement
§ 50–1541.16. Transfer of ownership
§ 50–1541.17. Effect of missing or incorrect information
§ 50–1541.18. Transfer of ownership by secured party’s transfer statement
§ 50–1541.19. Transfer by operation of law
§ 50–1541.21. Replacement certificate of title
§ 50–1541.22. Rights of purchaser other than secured party
§ 50–1541.23. Rights of secured party
§ 50–1541.24. Duties of Harbor Master
§ 50–1541.26. Uniformity of application and construction
§ 50–1541.27. Relation to Electronic Signatures in Global and National Commerce Act