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Ch. 272 2002 LAWS OF MARYLAND
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ALSO USE THE BOND TO RECOVER ANY PENALTY AND INTEREST CHARGED TO THE
LICENSEE BASED ON A FAILURE TO PAY THE FEES OR TAXES RECEIVED BY THE
APPLICANT.
8-710.2.
(a) The Department may design temporary certificates of boat number and
furnish them to any licensed boat dealer who:
(1) Applies for at least 25 of the certificates on a form that the
Administration requires; and
(2) Submits [a fee of $1] THE FEE, NOT TO EXCEED $1, SET BY THE
DEPARTMENT for each certificate with the application.
(b) (5) Within [3] 30 days after a dealer issues a temporary certificate of
boat number, the dealer shall mail a copy of the temporary certificate to the
Department.
(c) A temporary certificate of boat number expires when the first of either of
the following occurs:
(1) A certificate of boat number for the vessel is issued by the
Department; or
(2) [60] 90 days expire from the date the temporary certificate was
issued by the dealer.
8-712.
(c) (2) Emergency rescue boats AND FIRE BOATS that belong to fire
departments or rescue squads in Maryland:
(i) Shall be exempt from all registration fees; but
(ii) Shall apply for a registration renewal every [3] 2 years.
8-716.
(a) (1) In this section the following words have the meanings indicated.
(2) "Fair market value" means:
(i) As to the sale of any vessel by a licensed dealer or a dealer
licensed by another state or a foreign country, the total purchase price, as certified by
the dealer on a form acceptable to the Department, less the value of any vessel that is
traded in as part of the consideration for the sale, which trade-in value may not
exceed the value for the trade-in vessel as shown in a national publication of used
vessel values adopted by the Department;
(ii) As to any other vessel that is sold by any person other than a
licensed dealer, the greater of:
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1. The total purchase price; or
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- 2084 -
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