Subdivision 1. Validity. Unless excepted by section 86B.875, a security interest in a titled watercraft is not valid against creditors of the owner or subsequent transferees or secured parties of the watercraft unless perfected as provided in this chapter.
Subd. 2. Perfection. A security interest is perfected by the delivery to the commissioner of the existing certificate of title, if any, or an application for a certificate of title, containing the name and address of the secured party, the date of the security agreement, and the required fee. A security interest is perfected as of the time of the delivery. The method provided in this chapter is exclusive.
1989 c 335 art 1 s 234; 1990 c 391 art 10 s 3; 2001 c 195 art 1 s 1
Structure Minnesota Statutes
Chapters 85 - 87A — Recreation
Chapter 86B — Water Safety And Watercraft
Section 86B.001 — Water Use Policy.
Section 86B.005 — Definitions.
Section 86B.101 — Watercraft Safety Program.
Section 86B.105 — Sheriff's Safety Program.
Section 86B.106 — Barring Vehicles From Unsafe Ice.
Section 86B.107 — Removing Submerged Vehicles From State Waters.
Section 86B.111 — Navigation Markers And Buoys.
Section 86B.115 — Using Docks And Structures For Advertising.
Section 86B.121 — Races, Competitions, And Exhibitions.
Section 86B.125 — Leased Watercraft.
Section 86B.13 — Aquatic Invasive Species Prevention Program.
Section 86B.201 — State Law And Local Ordinance Authority.
Section 86B.205 — Water Surface Use Ordinance.
Section 86B.211 — Water Safety Rules.
Section 86B.301 — Watercraft Licenses Required.
Section 86B.305 — Youth Operators.
Section 86B.311 — General Rules For Operation.
Section 86B.313 — Personal Watercraft; Regulations.
Section 86B.315 — Towing Person On Water Skis Or Other Device.
Section 86B.321 — Noise Limits.
Section 86B.325 — Discharge From Marine Toilets Prohibited.
Section 86B.33 — Operating While Impaired.
Section 86B.335 — Testing For Alcohol And Controlled Substances.
Section 86B.341 — Duties And Liabilities At Accident Or Incident.
Section 86B.401 — Watercraft Licenses.
Section 86B.405 — Dealer's License.
Section 86B.411 — Government Watercraft Licenses.
Section 86B.415 — License Fees.
Section 86B.421 — Licensing By Political Subdivisions.
Section 86B.501 — Personal Flotation And Lifesaving Devices.
Section 86B.505 — Watercraft Capacity Plates.
Section 86B.515 — Sirens And Sound-producing Devices.
Section 86B.521 — Motorboat Noise Control.
Section 86B.525 — Device For Arresting Backfire.
Section 86B.531 — Fire Extinguishers And Fuel Area Ventilation.
Section 86B.532 — Carbon Monoxide Detection; System Requirements.
Section 86B.535 — Marine Toilets.
Section 86B.601 — Scuba Diving.
Section 86B.701 — Funding County Water Safety.
Section 86B.705 — Allocating Water Recreation Account, Fines, And Forfeited Bail Money.
Section 86B.706 — Water Recreation Account; Receipts And Purpose.
Section 86B.801 — Enforcement Authority.
Section 86B.805 — Enforcement Watercraft.
Section 86B.811 — Criminal Penalties.
Section 86B.815 — Violation As Evidence In Civil Action.
Section 86B.820 — Definitions.
Section 86B.825 — Certificate Of Title Required.
Section 86B.830 — Applying For And Issuing Certificate Of Title.
Section 86B.835 — Dealer Acquisition And Transfer.
Section 86B.840 — Transfer By Owner.
Section 86B.841 — Transfer-on-death Title To Watercraft.
Section 86B.845 — Temporary Watercraft Use Permits.
Section 86B.850 — Duplicate Certificate.
Section 86B.855 — Suspending Or Revoking Certificate.
Section 86B.860 — Responsibilities Of Commissioner.
Section 86B.875 — Inapplicable Liens And Security Interests.
Section 86B.880 — Security Interests.
Section 86B.885 — Owner-created Security Interest.
Section 86B.890 — Licensed Watercraft Previously Perfected.
Section 86B.895 — Satisfaction Of Security Interest.
Section 86B.900 — Disclosing Security Agreement.
Section 86B.905 — Effect Of Suspension Or Revocation On Security Interest.
Section 86B.910 — Undisclosed Security Interests.