33.05.030 Perfection of Security Interests

A security interest in a vehicle of a type for which a certificate of title is required is not valid against creditors of the owner or subsequent transferees or secured parties of the vehicle unless perfected as provided in 33.0506(2).

A security interest is perfected by the delivery to the Director of the existing certificate of title, if any, an application for a certificate of title containing the name and address of the secured party and the date of the security agreement, and the required fee. It is perfected as of the time of its creation if such delivery is completed within ten (10) days thereafter.