Michigan Laws 324.80306 – Sale or other disposition of new watercraft to dealer for display or resale; manufacturer’s or importer’s certificate required; contents; assignment
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(1) A manufacturer, importer, dealer, or other person shall not sell or otherwise dispose of a new watercraft to a dealer, to be used by the dealer for purposes of display and resale, without delivering to the dealer a manufacturer’s or importer’s certificate executed in accordance with this section and with those assignments on the certificate as are necessary to show title in the purchaser of the watercraft. A dealer shall not purchase or acquire a new watercraft without obtaining from the seller of the watercraft the manufacturer’s or importer’s certificate.
(2) A manufacturer’s or importer’s certificate of the origin of a watercraft shall contain, in the form and together with the information the secretary of state requires, the following information:
Terms Used In Michigan Laws 324.80306
- Person: means an individual, partnership, corporation, association, governmental entity, or other legal entity. See Michigan Laws 324.301
- state: when applied to the different parts of the United States, shall be construed to extend to and include the District of Columbia and the several territories belonging to the United States; and the words "United States" shall be construed to include the district and territories. See Michigan Laws 8.3o
- Watercraft: means a contrivance used or designed for navigation on water, including a vessel, boat, motor vessel, steam vessel, vessel operated by machinery either permanently or temporarily affixed, scow, tugboat, or any marine equipment that is capable of carrying passengers, except a ferry. See Michigan Laws 324.80301
(a) A description of the watercraft, including, if applicable, make, year, length, series of model, hull type, and hull identification number.
(b) Certification of the date of transfer of the watercraft to a distributor, dealer, or other transferee, and the name and address of the transferee.
(c) Certification that this transaction is the first transfer of the new watercraft in ordinary trade and commerce.
(d) Signature and address of a representative of the transferor.
(3) An assignment of a manufacturer’s or importer’s certificate shall be printed on the reverse side of the manufacturer’s or importer’s certificate in the form to be prescribed by the secretary of state. The assignment form shall include the name and address of the transferee, a certification that the watercraft is new, and a warranty that the title at the time of delivery is subject only to the liens and encumbrances that are set forth and described in full in the assignment.