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2007 Laws of Maryland
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Ch. 117
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(1) A transfer between members of the immediate family as
determined by Department regulations;
(2) A transfer between members of the immediate family as
determined by Department regulations of a documented vessel for which the
transferor applied for and was issued a valid use sticker under § 8-712.1 of this
subtitle;
(3) A transfer to a licensed dealer of a vessel for resale, rental, or
leasing purposes;
(4) The holding of a vessel that is titled or numbered in another state
or is federally documented, provided:
(i) The vessel is held for resale or listed for resale by a licensed
dealer; and
(ii) The vessel owner signs an affidavit that there will be no use
of the vessel on the waters of the State other than for a sea trial;
(5) Purchase of a vessel by the State or any political subdivision;
(6) Purchase of a vessel by an eleemosynary organization which the
Secretary has approved;
(7) The purchase within the State of a vessel if the owner paid or
incurred a liability for the Maryland sales and use tax on the vessel prior to July 1,
1986;
(8) The possession within the State of a vessel which was purchased
outside the State if the owner paid or incurred a liability for the Maryland use tax on
the vessel prior to July 1, 1986;
(9) The possession of a vessel in the State that is not used or to be
used principally on the waters of the State and for which the issuance of a title is not
sought or required under this subtitle, except that:
(i) A vessel is not deemed used on the waters of the State if the
vessel is used for 90 days or less of a calendar year; and
(ii) If a vessel is used for more days than 90 days in a calendar
year, the period of 90 days shall be counted in the determination of principal use
under this subtitle;
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- 1082 -
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