1. Lien created. A facility owner has a lien on property stored at that facility for rent, labor or other charges and for expenses reasonably incurred in the sale of that property under the provisions of this chapter.

[PL 1993, c. 263, §1 (NEW).]

Terms Used In Maine Revised Statutes Title 10 Sec. 1383

  • Facility: means a marina, boatyard or marine repair facility that provides, as part of its commercial operation, the storage of boats, boat motors or boat trailers. See Maine Revised Statutes Title 10 Sec. 1382
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • Property: means a boat, boat motor or boat trailer in storage at a facility. See Maine Revised Statutes Title 10 Sec. 1382
  • United States: includes territories and the District of Columbia. See Maine Revised Statutes Title 1 Sec. 72
2. Exclusion. This chapter does not create a lien on a documented vessel subject to a preferred ship mortgage or other preferred maritime lien pursuant to 46 United States Code, Chapter 313.

[PL 2011, c. 691, Pt. A, §2 (AMD).]

SECTION HISTORY

PL 1993, c. 263, §1 (NEW). PL 2011, c. 691, Pt. A, §2 (AMD).
  Previous section
Next section  
 Chapter 212-A Contents