Ch. 826                            MARVIN MANDEL, Governor                                  1693

of title is applied for was the owner of the vessel prior to June 1, 1965, OR THE
OWNER, AT THE TIME OF ACQUISITION, PAID MARYLAND SALES
TAX ON THE VESSEL AS REQUIRED BY LAW. The Department may require
the applicant for titling to submit proof satisfactory to it to prove the ownership of the
vessel by the applicant prior to June 1, 1965.

(c) No tax [or fee] as set forth in subsection (a) and (b) of this section shall be paid
for issuance of a certificate of title resulting from a transfer between [spouses]
MEMBERS OF THE IMMEDIATE FAMILY AS DETERMINED BY
REGULATIONS ISSUED BY THE DEPARTMENT, between licensed dealers in
vessels for resale, on the sale or transfer of a vessel or boat not required to be titled
under this article, vessels [owned] PURCHASED by the State of Maryland or any
of its political subdivision, or vessels [owned] PURCHASED by eleemosynary
organizations.

4-I.

[No dealer or person shall purchase or acquire a vessel without obtaining from
the seller thereof a manufacturer's or importer's certificate.] NO
MANUFACTURER OR DEALER MAY TRANSFER OWNERSHIP OF A
NEW VESSEL WITHOUT SUPPLYING THE TRANSFEREE WITH
MANUFACTURER'S OR IMPORTER'S CERTIFICATE OF ORIGIN
SIGNED BY THE MANUFACTURER'S OR IMPORTER'S AUTHORIZED
AGENT. THE CERTIFICATES SHALL CONTAIN INFORMATION AS
REQUIRED BY THE DEPARTMENT.

4K.

(a)  If the ownership of a vessel is transferred by operation of law, such as by
inheritance, order in bankruptcy, insolvency, replevin, or execution sale, the
transferee shall within [fifteen (15)] 30 days after he has acquired the right to
possession of the vessel by operation of law, mail or deliver to the Department
satisfactory proof of such ownership as required by the Department and his
application for a new certificate of title and the required fee. NO TITLE TAX IS
REQUIRED ON THESE TRANSACTIONS.

(b)  If a lien holder repossesses a vessel by operation of law and holds such vessel for
resale, he shall secure a new certificate of title thereto but he shall not be required to
pay the [excise] TITLE tax [provided in Section 4E(B)] BUT SHALL PAY THE
OTHER REQUIRED FEES.

4M.

(a)  If a certificate of title is lost, stolen, mutilated or destroyed or becomes illegible,
the first lien holder or, if none, the owner named in the certificate, as shown by the
records of the Department, [may] SHALL WITHIN 30 DAYS obtain a duplicate
by [prompt] application to the Department furnishing such information concerning
the original certificate and the circumstances of its loss, mutilation or destruction as
may be required by the Department. MUTILATED OR ILLEGIBLE
CERTIFICATES SHALL BE RETURNED TO THE DEPARTMENT WITH
THE APPLICATION FOR A DUPLICATE.

(b)  The duplicate certificate of title shall plainly be marked "duplicate" across its
face. It shall be mailed or delivered to the first lien holder named in it or, if none, to
the owner.

[(c) In case an original certificate of title is mutilated or rendered illegible, such
mutilated or illegible certificate shall be returned to the Department with the
application for a duplicate.)

[(d)] (C) In the event a lost or stolen original certificate or title for which a
duplicate has been issued is recovered, it shall be surrendered promptly to the
Department for cancellation.