Section 700.375

Title XLI CODES AND STANDARDS

Chapter 700

Effective - 01 Mar 2011, 2 histories, see footnote   

  700.375.  Provisions of sections 700.350 to 700.380 exclusive — exceptions. — 1.  Sections 700.350 to 700.380 shall not apply to or affect:

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

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

  (3)  A lien or encumbrance on a manufactured home created by a manufacturer or dealer who holds the manufactured home for sale.

  2.  Except as otherwise provided in paragraph (e) of section 400.9-303, with respect to security interests in manufactured homes perfected by filing under article 9 of chapter 400 and before August 28, 2002, the method provided in sections 700.350 to 700.380 of perfecting and giving notice of liens or encumbrances subject to sections 700.350 to 700.380 is exclusive; provided, however, that with respect to a manufactured home that is or will be permanently affixed to real estate, upon recordation of an affidavit of affixation under section 442.015, and satisfaction of the requirements of subsections 1 to 3 of section 700.111, as applicable, any perfection or termination of a security interest with respect to such permanently affixed property shall be governed by chapter 442.

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(L. 1985 S.B. 152 § 700.175, A.L. 2010 S.B. 630)

Effective 3-01-11