86B.915 LIENS ATTACHING TO WATERCRAFT.
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86B.915 LIENS ATTACHING TO WATERCRAFT.
(a)A nonpossessory lien on a titled watercraft is not perfected unless a lien statement is filed with the commissioner.
(b)The lien statement must include:
(1)the watercraft owner's name and address;
(2)the statute under which the lien is taken;
(3)the name and address of the lienholder; and
(4)the title number of the watercraft.
(c)The commissioner shall note the time and date of filing the lien statement.