(a) A buyer in ordinary course of business has the protections afforded by Sections 7-2-403(2) and 7-9A-320(a), even if an existing certificate of title was not signed and delivered to the buyer or a new certificate listing the buyer as owner of record was not created.
(b) Except as otherwise provided in Sections 33-5B-17 and 33-5B-24, the rights, with respect to a vessel, of a purchaser that is not a buyer in ordinary course of business are governed by Title 7.