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AR SB770
Bill
Status
5/1/2017
Primary Sponsor
Bill Sample
Click for details
AI Summary
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Creates the Arkansas Motorboat Registration and Titling Act establishing a comprehensive titling system for motorboats manufactured on and after January 1, 2018, administered by the Office of Motor Vehicle.
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Requires motorboat owners to obtain certificates of title in addition to certificates of number, with application fees of $8.00 and certificate fees of $2.00 per motorboat.
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Establishes procedures for lien recording, transfer of ownership, duplicate titles, and certificates of title with beneficiary designations allowing transfer-on-death to a named individual.
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Requires hull identification number verification for motorboats with salvage, prior salvage, damaged, prior damaged, junked, or nonrepairable designations from other states, with verification fees up to $25.00.
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Imposes penalties including Class A and Class C misdemeanors for operating unregistered or untitled motorboats, failure to transfer titles properly, and dealer violations of title retention requirements.
Legislative Description
To Authorize And Require The Issuance Of A Title For A Watercraft; And To Create The Arkansas Motorboat Registration And Titling Act.
Last Action
Sine Die adjournment
5/1/2017