Transfer of ownership, abandonment, or destruction of motorboat;
notice; effect
Sec. 17. (a) The owner of a motorboat, within fifteen (15) days,
shall furnish the bureau notice of any of the following:
(1) The transfer of all or any part of the owner's interest, other
than the creation of a security interest in a motorboat registered
in Indiana under section 5 or 7 of this chapter.
(2) The destruction or abandonment of a motorboat.
(b) Except as provided in subsection (c), a transfer, destruction,
or abandonment terminates the certificate of registration for the
motorboat.
(c) If a transfer of a part interest does not affect the owner's right
to operate the motorboat, the transfer does not terminate the
certificate of registration.
As added by P.L.71-1991, SEC.11.
Last modified: May 27, 2006