(a) A lien or other encumbrance on a vehicle may be filed by delivering to the department
(1) a manufacturer's certificate of origin or an existing certificate of title;
(2) an application for a new certificate of title, signed by the registered owner and containing the name and address of any lienholder and the date of the lienholder's interest;
(3) applicable filing fees required by law; and
(4) other documents or information required by the department.
(b) Upon approval of the application, the department shall send to the person holding a lien or other encumbrance a new certificate of title which displays the name of the owner and indicates the existence of the lien or other encumbrance.
(c) Except as otherwise provided in AS 28.10.262, 28.10.263, and AS 34.85, after a certificate of title to a manufactured home has been issued and while the manufactured home is subject to a lien or encumbrance under (a) of this section,
(1) the department may not cancel the manufacturer's certificate of origin for the manufactured home under AS 28.10.262, or cancel the certificate of title to the manufactured home under AS 28.10.263; and
(2) the validity and priority of the lien or encumbrance continues.
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