33 C.F.R. § 187.15 When is a mortgage a preferred mortgage?
Title 33 - Navigation and Navigable Waters
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.
Title 33: Navigation and Navigable Waters
PART 187—VESSEL IDENTIFICATION SYSTEM
Subpart A—General
§ 187.15 When is a mortgage a preferred mortgage?
