R 281.2201 Definitions.

Rule 1. As used in the act and these rules: (a) "Act" means Act No. 160 of the Public Acts of 1976, as amended, being S281.1201 et seq. of the Michigan Compiled Laws. (b) "Amphibious vehicle" means a vehicle by which a person or object may be propelled both on water and on a highway or street on land. (c) "Certificate of title" means the certificate of title for a watercraft, unless the context requires otherwise. (d) "Dealer" means a person who engages in the retail sale of watercraft for profit and who possesses a Michigan sales tax license and includes any employee, servant, or agent of the dealer. (e) "Hull identification number" means, with regard to watercraft manufactured after December 31, 1974, a 12-character number beginning with 3 characters representing a state's or manufacturer's code as developed by the United States coast guard. With regard to watercraft manufactured on or before December 31, 1974, the term means a number consisting of any number of characters intended to serve as a unique identifier for a watercraft. (f) "Liens" and "lienholders" do not include maritime liens or the holder thereof pursuant to Public Law 69-806, 46 U.S.C. S971 et seq. (g) "Operation of law" includes transfer of ownership of a watercraft by means of a marshall's sale following foreclosure of a maritime lien. (h) "Right, claim, or interest in watercraft" does not include a maritime lien arising under Public Law 69-806, U.S.C. S971 et seq. (i) "Secretary of state" includes employees of the department of state. (j) "Security interest" includes an interest granted by a combination agreement covering more than 1 watercraft or combination of watercraft and other vehicles or property.