75A-40. Certificate to show security interests.
The Commission, after receiving an application for a certificate of title for a vessel, shall, upon issuing the certificate of title to the owner, show upon the face of the certificate of title all security interests in the order of their priority as shown in the application. (1989, c. 739, s. 1; 2006-185, s. 2.)
Structure North Carolina General Statutes
North Carolina General Statutes
Chapter 75A - Boating and Water Safety
Article 4 - Vessel Titling Act.
§ 75A-34 - Who may apply for certificate of title; authority of employees of Commission.
§ 75A-35 - Form and contents of application.
§ 75A-36 - Notice by owner of change of address.
§ 75A-37 - Certificate of title as evidence; duration; transfer of title.
§ 75A-38 - Commission's records; fees.
§ 75A-39 - Duplicate certificate of title.
§ 75A-40 - Certificate to show security interests.
§ 75A-41 - Security interests subsequently created.
§ 75A-42 - Certificate as notice of security interest.
§ 75A-43 - Security interest may be filed within 30 days after purchase.
§ 75A-44 - Priority of security interests shown on certificates.
§ 75A-45 - Legal holder of certificate of title subject to security interest.
§ 75A-46 - Release of security interest shown on certificate of title.
§ 75A-47 - Surrender of certificate required when security interest paid.
§ 75A-48 - Levy of execution, etc.
§ 75A-49 - Registration prima facie evidence of ownership; rebuttal.