Sec. 28.10.381. Filing a lien or encumbrance.
212 words·~1 min read·
/ak/title-28/chapter-10/28-10-381A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Sec. 28.10.381. Filing a lien or encumbrance.
(a)A lien or other encumbrance on a vehicle may be filed by delivering to the department
(1)a manufacturer's certificate of origin or an existing certificate of title;
(2)an application for a new certificate of title, signed by the registered owner and containing the name and address of any lienholder and the date of the lienholder's interest;
(3)applicable filing fees required by law; and
(4)other documents or information required by the department.
(b)Upon approval of the application, the department shall send to the person holding a lien or other encumbrance a new certificate of title which displays the name of the owner and indicates the existence of the lien or other encumbrance.
(c)Except as otherwise provided in AS 28.10.262 , 28.10.263, and AS 34.85 , after a certificate of title to a manufactured home has been issued and while the manufactured home is subject to a lien or encumbrance under
(a)of this section,
(1)the department may not cancel the manufacturer's certificate of origin for the manufactured home under AS 28.10.262 , or cancel the certificate of title to the manufactured home under AS 28.10.263 ; and
(2)the validity and priority of the lien or encumbrance continues.