Rhode Island General Laws 34-46-3. Lien
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(a) Lien created. A facility operator has a lien on a vessel stored at that facility for storage charges, labor, or other charges and for expenses reasonably incurred in the sale of that vessel under the provisions of this chapter.
Terms Used In Rhode Island General Laws 34-46-3
- Facility: means a marina, boatyard, or marine repair facility that provides, as part of its commercial operation, the storage of vessels. See Rhode Island General Laws 34-46-2
- Lien: A claim against real or personal property in satisfaction of a debt.
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
- Operator: means the proprietor, operator, lessor, or sublessor of a dry dock facility, his or her agent, or any other person authorized by him or her to manage the facility or to receive rent from the owner under a rental agreement. See Rhode Island General Laws 34-46-2
- Vessel: means every description of watercraft used or capable of being used as a means of transportation on water and any personal property located thereon and shall include its appurtenances. See Rhode Island General Laws 34-46-2
(b) Exclusion. This chapter does not create a lien on a documented vessel subject to a preferred ship mortgage or other preferred maritime lien pursuant to 46 U.S.C. § 31301 et seq.
History of Section.
P.L. 1994, ch. 162, § 3.