1560 LAWS OF MARYLAND Ch. 418
the case of a motor vehicle [lien when a vehicle is] sold
pursuant to § 16-207 of this article.
(C) (1) IN THIS SUBSECTION, "PREFERRED SHIP MORTGAGE" MEANS
A PREFERRED MORTGAGE AS DEFINED IN THE SHIP MORTGAGE ACT, 1920,
AS AMENDED, 46 U.S.C. 911, ET SEQ, ON A VESSEL OF THE UNITED
STATES, OTHER THAN A TOWBOAT, BARGE, SCOW, LIGHTER, CAR FLOAT,
CANAL BOAT, OR TANK VESSEL OF LESS THAN 25 GROSS TONS THAT IS
RECORDED AND ENDORSED AS REQUIRED BY THE SHIP MORTGAGE ACT, 1920,
AS AMENDED, 46 U.S.C. 911, ET SEQ.
(2) (I) A BOAT LIEN IS SUBORDINATE TO A PREFERRED
SHIP MORTGAGE THAT IS EXECUTED AND RECORDED WITH THE UNITED
STATES COAST GUARD BEFORE THE BOAT IS SOLD UNDER § 16-207 OF THIS
ARTICLE.
(II) EXCEPT IN THE CASE OF A BOAT SOLD UNDER §
16-207 OF THIS ARTICLE, A BOAT LIEN IS SUBORDINATE TO A SECURITY
INTEREST PERFECTED AS REQUIRED BY LAW.
16-207.
(a) If the charges which give rise to a lien are due and
unpaid for 30 days and the lienor is in possession of the
property subject to the lien, the lienor may sell the property to
which the lien attaches at public sale. The sale shall be in a
location convenient and accessible to the public and shall be
held between the hours of 10 a.m. and 6 p.m.
(b) (1) The lienor shall publish notice of the time, place,
and terms of the sale and a full description of the property to
be sold once a week for the two weeks immediately preceding the
sale in one or more newspapers of general circulation in the
county where the sale is to be held.
(2) In addition, the lienor shall send the notice by
registered or certified mail at least 10 days before the sale to:
(i) The owner of the property, all holders of
PERFECTED security interests in the [vehicle] PROPERTY and, IN
THE CASE OF A SALE OF A MOTOR VEHICLE, the Motor Vehicle
Administration;
(ii) The person who incurred the charges which
give rise to the lien, if the address of the owner is unknown and
cannot be ascertained by the exercise of reasonable diligence; or
(iii) "General delivery" at the post office of
the city or county where the business of the lienor is located,
if the address of both the owner and the person who incurred the
charges is unknown and cannot be ascertained by the exercise of
reasonable diligence.
(c) If a motor vehicle which is subject to a lien is
delivered by the lienor to the possession of a third party for
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