Pub. L. 88-243, subtit. I, sec. 6

Sec. 6. (a) The definitions of “Lien”, “Instrument”, and “Lien Information” in section 1 of the Act approved July 2, 1940 (chapter 527, 54 Stat. 736; D.C. Code, 1961 ed., sec. 40–701) are amended to read as follows: “Lien” shall mean any right or interest in or to, any security interest as defined in section 28:1—201 of the District of Columbia Code in, or lien or encumbrance upon any motor vehicle or trailer, or the equipment or accessories affixed or sold to be affixed thereto, in favor of a person other than the owner, except (1) a sale of such motor vehicle, or trailer accompanied by delivery of possession and on execution of tire assignment on the back of the certificate covering it, or (2) any possessory lien now or hereafter provided by law or any lien acquired in any judicial proceeding. “Instrument” shall mean any security agreement, ns defined in section 28:9—105(h) of the District of Columbia Code, creating such lien. “Lien information” shall mean the amount, kind, date of lien, mime and address of holder or secured party as defined in section 28:9—105(i) of the District of Columbia Code, and recorder’s record number, if any. (b) The second sentence of section 2 of the Act approved July 2, 1940 (chapter 527, 54 Stat. 736; D.C. Code, 1961 ed., see. 40–702), is amended to read as follows: “The filing provisions of Article 9 of Subtitle I of Title 28 of the District of Columbia Code do not apply to liens recorded as herein provided, and a lien has no greater validity or effect during the time a certificate is outstanding for the motor vehicle or trailer covered thereby by reason of the fact that the lien has been filed in accordance with that article.”.