Revised Laws of Saint Lucia (2021)

66.   Mortgage not affected by bankruptcy

A registered mortgage of a Saint Lucian ship or share therein shall not be affected by any act of bankruptcy committed by the mortgagor after the date on which the mortgage is recorded, although the mortgagor at the commencement of his or her bankruptcy had the ship or share in his or her possession, or was the reputed owner thereof, and the mortgage shall be preferred to any right, claim or interest therein of the other creditors of the bankrupt or any trustee or assignee on their behalf.