Abstract: A boat accessory rack has a frame typically including at least two members, one of which is movable. An actuation device such as a manually operated actuator, a hydraulically operated actuator or a pneumatically operated actuator applies an actuation force to the movable member thereby moving the movable member from an unclosed position into a closed position in which the wakeboard is secured. A releasable locking mechanism such as a ratcheting mechanism, an interlocking ring mechanism, a ball bearing system or an over-centering system maintains the movable member in the closed position until a user desires to remove the wakeboard from the rack. Also, a cam mechanism transfers the actuation force to the movable member in some embodiments. In other embodiments, the accessory is secured between a rotating wedge mechanism and a second member.