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Old 08-01-2007, 11:17 PM
DCLXVI DCLXVI is offline
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Join Date: Jul 2007
Posts: 87
This might be of interest to you Dillon.

Quote:
"Certificate of title" is defined in the West's Ann.Cal.Comm. Code (2003):

Section 9102. Definitions and index of definitions
(a) In this division:
. . .
(10) "Certificate of title" means a certificate of title with respect to which a statute provides for the security interest in question to be indicated on the certificate as a condition or result of the security interest's obtaining priority over the rights of a lien creditor with respect to the collateral.
West's Ann.Cal.Com. Code 2003, section 9102(a)(10).

This the commercial code granted.

Quote:
9303. Law governing perfection and priority of security interests in goods covered by a certificate of title

(a) This section applies to goods covered by a certificate of title, even if there is no other relationship between the jurisdiction under whose certificate of title the goods are covered and the goods or the debtor.
(b) Goods become covered by a certificate of title when a valid application for the certificate of title and the applicable fee are delivered to the appropriate authority. Goods cease to be covered by a certificate of title at the earlier of the time the certificate of title ceases to be effective under the law of the issuing jurisdiction or the time the goods become covered subsequently by a certificate of title issued by another jurisdiction.
(c) The local law of the jurisdiction under whose certificate of title the goods are covered governs perfection, the effect of perfection or nonperfection, and the priority of a security interest in goods covered by a certificate of title from the time the goods become covered by the certificate of title until the goods cease to be covered by the certificate of title.
West's Ann.Cal.Comm. Code 2003, section 9303.

I think the above rght there is what gldskr is talking about. However the there is more specific legislation for automobilse. But thi sshould help describe to you the sates "taking" of everything under its control by way of certification.
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