46.2-640 - Priority of security interests shown on certificates of title. - Virginia Statutes

§ 46.2-640. Priority of security interests shown on certificates of title.

The security interests, except security interests in motor vehicles, trailersand semitrailers which are inventory held for sale and are perfected under §§8.9A-401 through 8.9A-527, shown upon such certificates of title issued bythe Department pursuant to applications for same shall have priority over anyother liens or security interests against such motor vehicle, trailer, orsemitrailer, however created and recorded. The foregoing provisions of thissection shall not apply to liens for taxes as provided in § 58.1-3942, liensof keepers of garages to the extent given by § 46.2-644.01 and liens ofmechanics for repairs to the extent given by § 46.2-644.02 if therequirements therefor exist, provided the garage keeper or mechanic furnishesthe holder of any recorded lien who may request it with an itemized swornstatement of the storage charges, work done, and materials supplied for whichthe lien is claimed.

(Code 1950, § 46-73; 1958, c. 541, § 46.1-73; 1966, c. 558; 1977, c. 382;1983, c. 397; 1984, c. 396; 1989, c. 727; 1999, c. 299; 2009, c. 664.)