SEC. 63-21-41. Excepted liens and security interests.

This chapter does not apply to or affect:

(a) A lien given by statute or rule of law to a supplier of services or materials for the vehicle, manufactured home or mobile home;

(b) A lien given by statute to the United States, this state, or any political subdivision of this state;

(c) A security interest in a vehicle, manufactured home or mobile home created by a manufacturer or dealer who holds the vehicle, manufactured home or mobile home for sale; however, a buyer in the ordinary course of trade from the manufacturer or dealer takes title free of the security interest.

SOURCES: Codes, 1942, Sec. 8125-40; Laws, 1968, ch. 531, Sec. 20, eff from and after passage (approved August 9, 1968). Amended by Laws 1999, Ch. 556, Sec. 20, SB2632, eff. July 1, 1999.

PREVIOUS VERSIONS: Pre-1999