Ch. 6 LAWS OF MARYLAND

(a) Except as provided in subsection (d) OF THIS SECTION, any owner of a
vessel principally used on the waters of the State and to be numbered shall apply to the
Department for a certificate of title for the vessel.

(d) A person who[,] on July 1, 1965[,] is the owner of a vessel with a valid
certificate of number issued by the State is not required to file an application for a
certificate of title for the vessel unless [he] THE PERSON:

(1) [transfers] TRANSFERS any part of [his] THE PERSON'S interest in

the vessel; or

(2) [he renews] RENEWS the certificate of number for the vessel.

(e) Every owner of a vessel subject to titling under the provisions of this subtitle
shall apply to the Department for issuance of a certificate of title for the vessel within
30 days after acquisition. The application shall be on forms the Department prescribes,
and accompanied by the required fee and tax. The application shall be signed and sworn
to before a notary public or other person who administers oaths, or a certification
signed in writing containing substantially the representation that statements made are
true and correct to the best of the applicant's knowledge, [information]
INFORMATION, and belief, under penalty of perjury. The application shall contain
the date of sale and gross price of the vessel or the fair market value if no sale
immediately preceded the transfer, and any additional information the Department
requires. If the application is made for a vessel last previously registered or titled in
another state or foreign country, [it] THE APPLICATION shall contain this
information and any other the Department requires.

(f) If a dealer buys or acquires a used vessel for resale, [he] THE DEALER
shall report the acquisition to the Department on forms the Department provides, or
[he] THE DEALER may apply for and obtain a certificate of title as provided in this
subtitle. If a dealer buys or acquires a used non-Maryland numbered vessel, [he] THE
DEALER shall apply for a certificate of title in [his] THE DEALER'S name within 15
days. If a dealer buys or acquires a new vessel for resale, [he] THE DEALER may
apply for a certificate of title in [his] THE DEALER'S name. These transactions are
exempt from title tax.

(g) Every dealer transferring a vessel requiring titling under this subtitle shall
assign the title to the new owner[, or] OR, in the case of a new [vessel] VESSEL, assign
the certificate of origin. Within 30 days, the dealer shall forward all title taxes, fees, and
applications to the Department.

(h) The Department shall maintain a record of any certificate of title [it] THE
DEPARTMENT issues.

(i) [No person may) A PERSON MAY NOT sell, assign, or transfer a vessel
titled by the State without delivering to the purchaser or transferee a certificate of title
with an assignment on [it] THE CERTIFICATE OF TITLE showing title in the
purchaser or transferee. [No person may] A PERSON MAY NOT purchase or
otherwise acquire a vessel required to be titled by the State without obtaining a
certificate of title for [it] THE VESSEL in [his] THE PERSON'S name.

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