Section 86B.910 Previously Licensed Watercraft Undisclosed Security Interests - Minnesota Statutes

86B.910 PREVIOUSLY LICENSED WATERCRAFT UNDISCLOSED SECURITY INTERESTS.

If the commissioner is not satisfied that there are no undisclosed security interests created before the watercraft is initially titled, the commissioner may, in addition to its options under section 86B.830, subdivision 4, issue a distinctive certificate of title for the watercraft containing the legend: "This watercraft may be subject to an undisclosed lien," and any other information the commissioner prescribes.

History:

1989 c 335 art 1 s 240; 1990 c 391 art 10 s 3