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ND HCR3004

Concurrent Resolution

Status

Engrossed

2/4/2013

Primary Sponsor

Lawrence Klemin

Click for details

Origin

House of Representatives

63rd Legislative Assembly

AI Summary

  • Directs the Legislative Management to study the Uniform Certificate of Title for Vessels Act for potential adoption in North Dakota

  • Security interests perfected under the Act would receive preferred ship mortgage status under federal law, facilitating vessel financing

  • Act requires vessel titles to be branded if hull integrity is compromised, aiding consumer protection and boating safety

  • Act integrates with the Uniform Commercial Code, provides clear security interest rules, and deters vessel theft through improved claim identification

  • Legislative Management must report findings, recommendations, and any required implementing legislation to the Sixty-fourth Legislative Assembly

Legislative Description

A concurrent resolution directing the Legislative Management to study the Uniform Certificate of Title for Vessels Act.

Last Action

Second reading, failed to adopt

3/26/2013

Committee Referrals

Judiciary1/10/2013

Full Bill Text

No bill text available