Regulations last checked for updates: Nov 23, 2024

Title 33 - Navigation and Navigable Waters last revised: Nov 21, 2024
§ 187.15 - When is a mortgage a preferred mortgage?

A mortgage, instrument, or agreement granting a security interest perfected under State law covering the whole of a vessel titled under the law of a participating State is a preferred mortgage if the State is certified under § 187.13.

authority: 46 U.S.C. 2103,12501,31322; DHS Delegation No. 00170.1, Revision No. 01.2, paragraph (II)(92)
source: USCG-1999-6420, 66 FR 15630, Mar. 20, 2001, unless otherwise noted.
cite as: 33 CFR 187.15