This article does not apply to a document which acts as a claim of encumbrance by a financial institution, as defined in subdivision (a) of Section 14161 of the Penal Code or Section 481.113 of this code, or a public entity, as defined in Section 481.200 of this code.
(Added by Stats. 1998, Ch. 779, Sec. 2. Effective January 1, 1999.)