Current through Public Act 103-1052
Section 625 ILCS 45/3B-1 - Excepted liens and security interestsThis Article does not apply to or affect:
(a) A lien given by statute or rule of law to a supplier of services or materials for the watercraft;(b) A lien given by the statute to the United States, this State or any political subdivision of this State.(c) A security interest in a watercraft created by a manufacturer or dealer who holds the watercraft for sale, but a buyer in the ordinary course of trade from the manufacturer or dealer takes free of the security interest.