The owner shall furnish the Department with notice of (i) the transfer of all or any part of his interest other than the creation of a security interest in a motorboat numbered in Virginia pursuant to § 29.1-702 or § 29.1-704 or (ii) the destruction or abandonment of such motorboat, within fifteen days thereof. Such transfer, destruction, or abandonment shall terminate the certificate of number for the motorboat except that, in the case of a transfer of a part interest which does not affect the owner’s right to operate such motorboat, the transfer shall not terminate the certificate of number.

Terms Used In Virginia Code 29.1-708

  • Motorboat: means any vessel propelled by machinery whether or not the machinery is the principal source of propulsion. See Virginia Code 29.1-700
  • Operate: means to navigate or otherwise control the movement of a motorboat or a vessel. See Virginia Code 29.1-700
  • Owner: means a person, other than a lien holder, having the property in or title to a motorboat. See Virginia Code 29.1-700

1960, c. 500, § 62-174.5; 1962, c. 626; 1964, c. 654; 1968, c. 659, § 62.1-170; 1970, c. 240; 1972, c. 412; 1980, c. 256; 1983, c. 126; 1986, c. 125; 1987, c. 488.

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