Motor vehicles; creating the Uniform Certificate of Title for Vessels Act; defining terms; effective date.
Second Reading referred to Aeronautics and Transportation
Summary
The bill creates the Uniform Certificate of Title for Vessels Act, setting up a standardized process for issuing, transferring, and canceling vessel titles. It applies to owners, buyers, lenders, insurers and the Department of Public Safety, and requires electronic records and specific documentation. The goal is to improve clarity, reduce fraud, and align state procedures with federal standards.
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