33 C.F.R. § 187.314

Current through August 31, 2024
Section 187.314 - Effect of possession of certificate of title; judicial process

Possession of a certificate of title does not by itself provide a right to obtain possession of a vessel. Garnishment, attachment, levy, replevin, or other judicial process against the certificate is not effective to determine possessory rights to the vessel. This subpart does not prohibit enforcement under State law, other than this subpart ( 33 CFR part 187 subpart D), of a security interest in, levy on, or foreclosure of a statutory or common-law lien on a vessel. Absence of an indication of a statutory or common-law lien on a certificate does not invalidate the lien.

33 C.F.R. §187.314

87 FR 34175, 7/6/2022