§ 50-23-120 — Assignment and warranty of title; transferee or purchaser to obtain new certificate of title.

(a) The owner at the time of delivery of the watercraft or outboard motor shall execute the assignment and warranty of title to the transferee in the space provided on the back of the certificate of title. If the title is voided, due to a change, cancellation of an assignment on a title due to error, or failure of a purchase to materialize the owner, shall make application for a duplicate title within thirty days. (b) The transferee or purchaser shall obtain a new certificate of title by application to the department accompanied by the required fee and upon the form or forms prescribed and furnished by the department. This application for certificate of title must be filed within thirty days after the delivery to him of the watercraft or outboard motor.

Legislative History

HISTORY: 1962 Code SECTION 70-295.112; 1971 (57) 915; 1979 Act No. 66, SECTION 3; 1989 Act No. 190, SECTION 9; 1993 Act No. 181, SECTION 1270; 2008 Act No. 344, SECTION 13, eff six months after approval (approved June 11, 2008). Effect of Amendment The 2008 amendment, in subsection (a), in the second sentence substituted "If" for "In the event" and "thirty days" for "five days"; in subsection (b), in the second sentence substituted "thirty days" for "twenty days"; and deleted subsections (c) and (d) relating to liens and lienholders.