§200-53 - Sale or disposition of vessel.

     §200-53  Sale or disposition of vessel.  When a vessel is abandoned, the owner of the vessel repair business, or private marina, or the owner's authorized representative, or the designated representative of the yacht club, after one public advertisement in a newspaper of general circulation in the State, may negotiate a sale of the vessel or dispose of it; provided that the vessel shall not be sold or disposed of less than five calendar days after the publication of the advertisement.  Upon the sale or disposal of the vessel under this part, the owner of the vessel repair business, or private marina, or the owner's authorized representative, or the designated representative of the yacht club, shall file an affidavit with the department stating to whom the vessel was sold or, if the vessel was not sold, the manner in which the vessel was disposed of pursuant to this part. [L 1991, c 272, pt of §2; am L 1999, c 232, §4]