(625 ILCS 45/3B-1)
(from Ch. 95 1/2, par. 313B-1)
Excepted liens and security interests.
This Article does not apply to or affect:
(a) A lien given by statute or rule of law to a supplier of services or
materials for the watercraft;
(b) A lien given by the statute to the United States, this State or any
political subdivision of this State.
(c) A security interest in a watercraft created by a manufacturer or dealer
who holds the watercraft for sale, but a buyer in the ordinary course of trade
from the manufacturer or dealer takes free of the security interest.
(Source: P.A. 81-1199.)