Arkansas § 27-101-1026 Transferor not liable for negligent operation

Arkansas Statutes

§ 27-101-1026 — Transferor not liable for negligent operation

(a)The owner of a motorboat who has made a bona fide sale or transfer of his or her certificate of title or interest and who has delivered possession of the motorboat to the purchaser or transferee is not liable for any damages resulting from negligent operation of the motorboat by another person.

(b)The selling or transferring owner, upon delivery of possession of the motorboat, is not liable for any damage or negligence if the selling or transferring owner:

(1)Delivers the certificate of title, properly endorsed and dated with the date of the endorsement, to the purchaser or transferee;

(2)Delivers to the Office of Motor Vehicle or places in the United States mail, addressed to the Office of Motor Vehicle, the notice as provided in § 27-101-1027 ; or (3) Delivers to the Office of Mot

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(a) The owner of a motorboat who has made a bona fide sale or transfer of his or her certificate of title or interest and who has delivered possession of the motorboat to the purchaser or transferee is not liable for any damages resulting from negligent operation of the motorboat by another person. (b) The selling or transferring owner, upon delivery of possession of the motorboat, is not liable for any damage or negligence if the selling or transferring owner: (1) Delivers the certificate of title, properly endorsed and dated with the date of the endorsement, to the purchaser or transferee; (2) Delivers to the Office of Motor Vehicle or places in the United States mail, addressed to the Office of Motor Vehicle, the notice as provided in § 27-101-1027 ; or (3) Delivers to the Office of Motor Vehicle or places in the United States mail, addressed to the Office of Motor Vehicle, the appropriate documents and fees for registration of the motorboat to the new owner under the sale or transfer.

Arkansas § 27-101-1026 (Transferor not liable for negligent operation) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.