Uniform Certificate of Title for Vessels Act

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Presentation on the Uniform Certificate of Title for Vessels Act adopted July 2011 by the National Conference of Commissioners on Uniform State Laws.

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  • Uniform Law Commissioners – lawyers qualified to practice law Attorneys in private practice Law professors Legislative staff attorneys Lawyer-legislators State and federal judges National Conference of Commissioners on Uniform State Laws (NCCUSL) developed a uniform titling act for automobiles – very few, if any states have fully implemented Hindsight – failed to involve the industry – those that would implement OBSERVORS: American Bar Association National Marine Manufacturers Association National Marine Bankers American Bankers Association Boat Owners Association of the United States U.S. Coast Guard NASBLA Boyd Walden – Florida – via MVA Sharon Carrick – Maryland – DNR
  • Incorporate 33 CFR 187 – USCG Vessel Identification System (33 states) Currently -- 39 title, 1 optional, 16 non-title 56 – states + US territories Federal statute – referenced – future changes automatically incorporated Incorporates UCC protections for financing entities Branding – “hull damaged” – currently MVs in many states mechanism for consumers, insurers and lenders On notice – further investigation – survey
  • Uniform law commissioners MD – 5 Liaison member for each jurisdiction
  • SAMPLE ACT adapt to incorporate existing state law flexibility recommended provisions – optional
  • Uniform Certificate of Title for Vessels Act

    1. 1. Uniform Certificate of Title Act for Vessels Sharon Maenner Carrick MD Dept of Natural Resources Licensing & Registration Service
    2. 2. WHAT <ul><li>Uniform certificate of title system </li></ul><ul><li>Major objectives </li></ul><ul><ul><li>Approved by the U.S. Coast Guard </li></ul></ul><ul><ul><li>Facilitate ownership transfers </li></ul></ul><ul><ul><li>Deter & impede theft </li></ul></ul><ul><ul><li>Accommodate financing </li></ul></ul><ul><ul><li>Enhance consumer protections </li></ul></ul>
    3. 3. WHO <ul><li>Uniform Law Commission Drafting Committee </li></ul><ul><li>Uniform Law commissioners (10) </li></ul><ul><li>Reporter </li></ul><ul><li>ABA advisor </li></ul><ul><li>Observors (53) </li></ul>
    4. 4. WHY <ul><li>Titling uniformity </li></ul><ul><ul><li>39 mandatory, 1 optional, 16 non-title </li></ul></ul><ul><li>Increased financial security </li></ul><ul><li>Increased consumer protections </li></ul>
    5. 5. HOW <ul><li>Bill submission by </li></ul><ul><ul><li>Governor </li></ul></ul><ul><ul><li>State vessel titling agency </li></ul></ul><ul><ul><li>Legislators </li></ul></ul><ul><li>Advocacy by </li></ul><ul><ul><li>Uniform Law Commissioners for your state </li></ul></ul><ul><ul><li>Marine trade associations </li></ul></ul><ul><ul><li>Marine finance organizations </li></ul></ul>
    6. 6. IMPLEMENTATION <ul><li>Sample act </li></ul><ul><li>Sample vessel title </li></ul><ul><li>Sample title application </li></ul>

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