MARVIN MANDEL, Governor                                      1177

PAPER AS REQUIRED IN PARAGRAPH (2).

(4)   UPON RECEIPT OF THE MATERIAL REQUIRED
IN SUBSECTION (C) (2) AND PAYMENT OF ANY FEES AND
TAXES DUE, THE DEPARTMENT SHALL ISSUE TITLE TO THE
VESSEL TO THE APPLICANT.

(5)    THE APPLICANT SHALL BEAR ANY COST
INCURRED IN RECEIVING TITLE TO A VESSEL UNDER THIS
SECTION.

(6)     AFTER RECEIVING TITLE, IF      THE
APPLICANT DESTROYS OR OTHERWISE DISPOSES OF        THE
VESSEL, HE SHALL REPORT THIS INFORMATION TO      THE
DEPARTMENT WITHIN 15 DAYS GIVING EVERY DETAIL.

(7)   THE DEPARTMENT MAY RECEIVE TITLE TO
ANY VESSEL APPARENTLY ABANDONED ON THE WATERS OF THE
STATE OR ON ANY LAND OWNED BY THE STATE OR ANY
POLITICAL SUBDIVISIONS BY PROCEEDING IN THE SAME
MANNER A PROPERTY OWNER DOES AS SET FORTH IN THIS
SECTION.

REVISOR'S NOTE: This subsection presently appears
as Article 14B, section 4P(c) of the Code.
In paragraph 2 the word "city" is proposed
for deletion in light of Article 1, section
14 of the Code. The only other changes
made are in style.

(D) OBTAINING TITLE THROUGH FRAUDULENT MEANS. -
A PERSON MAY NOT OBTAIN OR ATTEMPT TO OBTAIN TITLE TO
A VESSEL UNDER THE PROVISIONS OF THIS SECTION THROUGH
ANY FRAUDULENT MEANS.

REVISOR'S NOTE: This subsection presently appears
as Article 14B, section 4P(d) of the Code.
The penalty provision is proposed for
deletion in light of the application of the
uniform penalty in section 8—1501.
However, the effect of this is to change
the severity of punishment by increasing
the fine ana making imprisonment available.
The only other changes made are in style.

8-723. DISPOSITION AND USE OF FEES AND OTHER REVENUES
BY DEPARTMENT.

(A) ANY FEE AND OTHER REVENUE THE DEPARTMENT
COLLECTS UNDER AUTHORITY OF THIS SUBTITLE, AND ANY
OTHER AVAILABLE INCOME, SHALL BE DEPOSITED IN THE