RCW 88.02.370
334 words·~2 min read·
/wa/title-88/chapter-88-02/88-02-370·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(1)A vessel owner shall notify the department in writing within five business days after a vessel is or has been:
(a)Sold;
(b)Given as a gift to another person;
(c)Traded, either privately or to a vessel dealer;
(d)Donated to charity;
(e)Turned over to an insurance company or wrecking yard; or
(f)Disposed of.
(2)A report of sale is properly filed if it is received by the department within five business days after the date of sale or transfer and it includes:
(a)The date of sale or transfer;
(b)The owner's name and address;
(c)The name and address of the person acquiring the vessel;
(d)The vessel hull identification number and vessel registration number; and
(e)A date stamp by the department showing it was received on or before the fifth business day after the date of sale or transfer.
(3)The department shall:
(a)Provide or approve reports of sale forms;
(b)Provide a system enabling a vessel owner to submit reports of sale electronically;
(c)Immediately update the department's vessel record when a report of sale has been filed;
(d)Provide instructions on release of interest forms that allow the seller of a vessel to release their interest in a vessel at the same time a financial institution, as defined in RCW 30A.22.040 , releases its lien on the vessel; and
(e)Send a report to the department of revenue that lists vessels for which a report of sale has been received but no transfer of ownership has taken place. The department shall send the report once each quarter.
[ 2015 c 148 s 1 ; 2010 c 161 s 1014 .]
Notes:
Effective date — 2015 c 148: "This act takes effect January 1, 2017." [ 2015 c 148 s 2 .]
Effective date — Intent — Legislation to reconcile chapter 161, Laws of 2010 and other amendments made during the 2010 legislative session — 2010 c 161: See notes following RCW 46.04.013 .