Section 18106 Of Article 4. Amendments, Transfers, And Transactions From California Health And Safety Code >> Division 13. >> Part 2. >> Chapter 8. >> Article 4.
18106
. (a) As used in this section, "lien creditor" means a
creditor who has acquired a lien on a manufactured home, mobilehome,
commercial coach, truck camper, or floating home subject to
registration under this part by attachment, levy, or the like and
includes an assignee for benefit of creditors from the time of
assignment, and a trustee in bankruptcy from the date of the filing
of the petition, or a receiver in equity from the time of
appointment, as contemplated by Section 9102 of the Commercial Code.
(b) Except as provided in subdivision (c), an unperfected security
interest in a manufactured home, mobilehome, commercial coach, truck
camper, or floating home subject to registration under this part is
subordinate to the rights of a person who becomes a lien creditor
before the security interest is perfected.
(c) If a security interest in a manufactured home, mobilehome,
commercial coach, truck camper, or floating home becomes perfected as
contemplated by subdivision (a) of Section 18080.7, the security
interest is senior to the rights of a lien creditor which arise
between the time the security interest attaches and the time of
perfection.
(d) A person who becomes a lien creditor while a security interest
in a manufactured home, mobilehome, commercial coach, truck camper,
or floating home is perfected by any of the means contemplated by
subdivision (b) of Section 18080.7 takes subject to the perfected
security interest only to the extent that it secures advances either
made before that person becomes a lien creditor or made thereafter
which would otherwise be senior to a competing security interest as
provided in subdivision (e) of Section 18105.