Minnesota § 86B.880 SECURITY INTERESTS

Minnesota Statutes

§ 86B.880 — SECURITY INTERESTS

Minnesota § 86B.880

PartRECREATION

Ch. 86BWATER SAFETY AND WATERCRAFT

This text of Minnesota § 86B.880 (SECURITY INTERESTS) is published on Counsel Stack Legal Research, covering Minnesota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Minn. Stat. § 86B.880 (2026).

Text

Subdivision 1.Validity.
Unless excepted by section86B.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.

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Subdivision 1.Validity.
Unless excepted by section86B.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.