32-3A-40. Transferred ownership of large boat.
88 words·~1 min read·
/sd/title-32/chapter-32-3/32-3a-40A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
If ownership of a large boat is being transferred, the application for certificate of title shall be filed within forty-five days after the date of assignment or acquisition of the large boat. However, a boat dealer need not apply for a certificate of title on any large boat held in stock or acquired for stock purposes unless otherwise required under this chapter. Upon transfer of the large boat, the boat dealer shall give the transferee a reassignment of the certificate of title or the manufacturer's statement of origin.