GroundRules
33 CFR 187.323: Rights of purchaser other than secured party.
Where this section sits in the code
- Title 33—Navigation and Navigable Waters
- CHAPTER I—COAST GUARD, DEPARTMENT OF HOMELAND SECURITY
- SUBCHAPTER S—BOATING SAFETY
- PART 187—VESSEL IDENTIFICATION SYSTEM
- Subpart D—State Vessel Titling Systems [Docket No. USCG-2018-0160, 87 FR 34192, June 6, 2022]
(a) A buyer in ordinary course of business has the protections afforded by State law even if an existing certificate of title was not signed and delivered to the buyer or a new certificate listing the buyer as owner of record was not created.
(b) Except as otherwise provided in §§ 187.317 and 187.324, the rights of a purchaser of a vessel who is not a buyer in ordinary course of business or a lien creditor are governed by State law.
Collected 2026-08-27T02:25:35Z. Source file · JSON