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§ 50-1541-22 — District of Columbia Law | CourtGPT
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  4. Title 50 - Motor and Non-motor Vehicles and Traffic/
  5. Chapter 15b - Uniform Certificate of Title for Vessels§ 50–1541.01. Definitions/
  6. § 50-1541-22
District of Columbia Legal Code

§ 50-1541-22

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22. Rights of purchaser other than secured party. (a) A buyer in ordinary course of business has the protections afforded by §§ 28:2-403(2) and 28:9-320(a) even if an existing certificate of title was not signed and delivered to the buyer or a new certificate of title listing the buyer as owner of record was not created. (b) Except as otherwise provided in §§ 50-1541.16 and 50-1541.23, the rights of a purchaser of a vessel that is not a buyer in ordinary course of business or a lien creditor are governed by Subtitle I of Title 28. (Mar. 11, 2015, D.C. Law 20-215, § 23, 61 DCR 13083.) Editor's Notes Applicability of D.C. Law 20-215: Section 32 of D.C. Law 20-215 provided that the act shall apply as of January 1, 2016.