Terms Used In Louisiana Revised Statutes 34:852.21

  • Department: means the Department of Wildlife and Fisheries and its duly authorized representatives. See Louisiana Revised Statutes 34:852.2
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • Security interest: means an interest that is reserved or created by an agreement that secures payment or performance of an obligation. See Louisiana Revised Statutes 34:852.2
  • Vessel: means every description of watercraft and air boats, including homemade boats, other than a seaplane on the water, used or capable of being used as a means of transportation on water, valued in excess of two thousand five hundred dollars, to be principally operated on the waters of this state, required to be numbered, not held as inventory for sale or lease, and transferred for the first time on or after July 1, 2008. See Louisiana Revised Statutes 34:852.2

A.  The department shall charge the following fees:

(1)  Certificate of title-eighteen dollars.

(2)  Duplicate certificate of title-fifteen dollars.

(3)  Notation of a security interest, whether a chattel mortgage, other security agreement, or other financing statement evidencing a security interest is recorded, on a vessel certificate of title-five dollars.

(4)  Cancellation of a notation of a security interest-five dollars.

(5)  The fees authorized under La. Rev. Stat. 10:9-525 et seq.

B.  In addition, the department shall collect a handling fee of eight dollars for each certificate of title issued.

Acts 2007, No. 319, §2, eff. July 1, 2008; H.C.R. No. 25, 2008 R.S., eff. May 28, 2008.