Section 50. Report of change of status of watercraft or owner

Latest version.

Whenever a motorboat for which there exists a certificate of number changes ownership, the seller shall report such transfer to the department within 15 days in writing and in a format approved by the department. The holder of a certificate of number shall notify the department within 15 days of the theft or recovery of a vessel, the loss or destruction of a valid certificate of number, or when there has been a change in military status.

Historical Notes

Derived from VR325-04-2 § 5, eff. October 1, 1985; amended, Volume 10, Issue 26, eff. January 1, 1995; Volume 19, Issue 05, eff. January 1, 2003.

Statutory Authority

§§ 29.1-501, 29.1-502, 29.1-701, and 29.1-735 of the Code of Virginia and Item 392 of the 2002 Appropriation Act.

                    
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