(A)Every person who acquires a watercraft or outboard motor required to be titled under this chapter shall apply to the department within thirty days of the date of acquisition for a certificate of title for the watercraft or outboard motor accompanied by the required fee and on forms required by the department. The application must be signed by the person who acquires the watercraft or outboard motor and shall contain:
(1)the applicant's name, domiciled address, including the county, date of birth, and the county where the watercraft is principally located, state-issued identification number, and state of issue;
(2)for watercraft, a description of the watercraft, including its make, model, model year, length, the principal material used in construction, hull number, and the manufacture
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(A) Every person who acquires a watercraft or outboard motor required to be titled under this chapter shall apply to the department within thirty days of the date of acquisition for a certificate of title for the watercraft or outboard motor accompanied by the required fee and on forms required by the department. The application must be signed by the person who acquires the watercraft or outboard motor and shall contain: (1) the applicant's name, domiciled address, including the county, date of birth, and the county where the watercraft is principally located, state-issued identification number, and state of issue; (2) for watercraft, a description of the watercraft, including its make, model, model year, length, the principal material used in construction, hull number, and the manufacturer's engine serial number if an inboard; for an outboard motor, its make, model, model year, or year of manufacture, and horsepower, and manufacturer's serial number; (3) the date of acquisition by the applicant, the name and address of the person from whom the watercraft or outboard motor was acquired, and the names and addresses of persons having a security interest in the order of their priority; (4) a bill of sale; (5) further information reasonably required by the department to enable it to determine whether the owner is entitled to a certificate of title and the existence or nonexistence of security interests in the watercraft or outboard motor; (6) when a Transfer of Death (TOD) beneficiary is designated, each TOD beneficiary's name, domiciled address, including the county, date of birth, state-issued identification number, and state of issue; and (7) in the case of one or more TOD beneficiaries receiving the title and registration to a watercraft or outboard motor, a bill of sale shall not be required for the department to issue a title, but such TOD beneficiaries shall establish the death of all owners of the watercraft or outboard motor. (B) Every dealer selling or exchanging a watercraft or outboard motor subject to titling under this chapter shall complete the application for a new title in the name of the purchaser before delivering the watercraft or outboard motor to the purchaser. The application shall contain the name and address of a lienholder and the date of the security agreement. It must be signed by the dealer showing the assigned dealer permit number, as well as by the owner, and the dealer shall submit the application to the department within thirty days of the sale. However, permitted marine dealers are not required to obtain titles for new vessels and outboard motors held in their inventory for sale until they are sold or exchanged as long as a proper manufacturer's or importer's statement of origin is held by the dealer. The fees for title and registration may not exceed those required by this article and if requested must be itemized on the bill of sale to the new owner. This does not prohibit a dealer from charging an administrative fee for processing title and registration. (C) If a dealer buys or acquires a used watercraft or outboard motor for resale and the watercraft or outboard motor is already covered by a certificate of title which is surrendered to him by the owner or lienholder at the time of delivery of the watercraft or outboard motor, the dealer need not send the certificate to the department at that time. Upon transferring the watercraft or outboard motor to another person, other than by creation of a security interest, within thirty days of sale he shall execute the assignment and warranty of title by a dealer, showing the name and address of the transferee and a lienholder and the date of his security agreement, in the spaces provided, on the certificate to the department with the transferee's application for a new certificate. (D) If application for certificate of title is made for a watercraft or outboard motor last owned in another state or foreign country, the application shall contain or be accompanied by: (1) the certificate of title issued by the other state or foreign country if any; (2) other information or documents the department reasonably requires to establish the ownership of the watercraft or outboard motor and the existence or nonexistence of security interests in it; or (3) if the state or foreign country in which the watercraft or outboard motor was last owned does not issue certificates of title, a bill of sale or sworn statement of ownership or evidence of ownership required by the law of the state or foreign country from which the watercraft or outboard motor was brought into this State, and proof of registration plus other information or documents the department reasonably requires to establish the ownership of the watercraft or outboard motor and the existence or nonexistence of security interests in it. (E) An application except those from permitted marine dealers presented after thirty days is subject to a late penalty of fifteen dollars. (F) An application presented after sixty days is subject to a late penalty of thirty dollars.
HISTORY: 1962 Code SECTION 70-295.106; 1971 (57) 915; 1974 (58) 2279; 1979 Act No. 66, SECTION 2; 1989 Act No. 190, SECTIONS 6, 7; 1993 Act No. 128, SECTION 10; 1993 Act No. 181, SECTION 1270; 1996 Act No. 258, SECTION 1; 2007 Act No. 91, SECTION 6, eff June 14, 2007; 2008 Act No. 344, SECTION 9, eff six months after approval (approved June 11, 2008); 2024 Act No. 200 (H.4234), SECTION 23, eff July 1, 2025. Editor's Note 2024 Act No. 200, SECTION 30, provides as follows: "SECTION 30. SECTIONS 1-21 of this act take effect upon approval by the Governor and their provisions shall apply to all applicable actions, proceedings, and matters filed on and after the effective date; SECTIONS 22-29 of this act take effect on July 1, 2025." Effect of Amendment The 2007 amendment, in paragraph (A)(1), substituted "date of birth, and state-issued identification number and state of issue" for "and social security number". the 2008 amendment rewrote this section and added subsection (F) imposing a late penalty. 2024 Act No. 200, SECTION 23, in (A), inserted (6) and (7), and made nonsubstantive changes.