Applicability of subchapter; purchase free of security interest

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  • (a) This subchapter does not apply to or affect:

    • 1. A lien given by statute or rule of law to a supplier of services or materials for the vehicle;

    • 2. A lien given by statute to the Government of the United States, the Government of the Virgin Islands or any agency, department or independent instrumentality of the Government of the Virgin Islands;

    • 3. A security interest in a vehicle created as debtor by a manufacturer or dealer while he holds the vehicle for sale.

  • (b) Notwithstanding any provision of law, a buyer in the ordinary course of business from a manufacturer or dealer takes free of any security interest created as debtor by a manufacturer or dealer while he holds the vehicle for sale.


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