<?xml version='1.0' encoding='utf-8'?>
<section article="gnr" article_name="Natural Resources" number="8-728" title_number="8" title_name="Waters" subtitle_number="7" subtitle_name="State Boat Act">
  <text>Sections 8–729 through 8–736 of this subtitle do not apply to or affect:</text>
  <level label="1">
    <text>A lien given by statute or rule of law to a supplier of services or materials for the vessel;</text>
  </level>
  <level label="2">
    <text>A lien given by statute to the United States, the State, or any political subdivision of the State;</text>
  </level>
  <level label="3">
    <text>A security interest in a vessel during any period in which the vessel is inventory held for sale or lease by a person or leased by that person as lessor and that person is in the business of selling vessels;</text>
  </level>
  <level label="4">
    <text>Any lien arising out of an attachment of a vessel;</text>
  </level>
  <level label="5">
    <text>Any security interest claimed on proceeds, as defined in § 9–102(a)(65) of the Commercial Law Article, if the original security interest did not have to be noted on the certificate of title in order to be perfected; or</text>
  </level>
  <level label="6">
    <text>Any vessel for which a certificate of title is not required under this subtitle.</text>
  </level>
</section>
