KRS 235.130: Procedure when ownership is transferred or owner renders motorboat

unfit for future use.

(1) A person acting for himself, herself, or another shall not buy or trade for any

motorboat without receiving the certificate of title issued for that boat with a

certificate of transfer endorsed thereon. If the motorboat has not been issued a

certificate of title as noted on the certificate of registration, a county clerk may

accept an affidavit of ownership to process the application for title. The person shall

receive a completed assignment of title on a boat transaction record and the

certificate of registration.

(2) It shall be the duty of the purchaser to promptly submit the endorsed certificate of

title or boat transaction record and certificate of registration to the county clerk of

the county of the purchaser's residence or in which the motorboat is to be

principally operated. The purchaser shall apply for a new certificate of title and

registration pursuant to KRS 235.050. The county clerk shall issue to the purchaser

a transfer of registration bearing the same data and information. The clerk shall

forward the endorsed certificate of title or boat transaction record and certificate of

registration and new application for title and registration to the Transportation

Cabinet. Except when registration is prohibited by law, any unexpired registration

shall remain valid after transfer until expiration occurs according to law.

(3) For transferring the registration, the clerk shall collect a fee of five dollars ($5). The

clerk shall retain two dollars ($2), the Transportation Cabinet shall receive two

dollars ($2) and the Department of Fish and Wildlife Resources administratively

attached to the Tourism, Arts and Heritage Cabinet shall receive one dollar ( $1).

The fee received by the Transportation Cabinet shall be deposited in a trust and

agency account for use by the Transportation Cabinet in defraying the cost of

implementing and operating the boat titling and registration program. The fee for

transferring the title shall be as required by KRS 235.085.

(4) If a transferee does not promptly submit the necessary documents to the county

clerk as required by law in order to complete the transfer transaction, a transferor

may submit to the county clerk, after the passage of fifteen (15) calendar days, in

his or her county of residence, an affidavit that he or she has transferred his or her

interest in a specific motorboat and the clerk may enter appropriate data into the

AVIS system which would restrict any reg istration transaction from occurring on

that vehicle until the transfer was processed.

(5) If the owner junks or otherwise renders a motorboat unfit for future use, he or she

shall deliver the title to the county clerk of the county in which the motorboat is

junked. The county clerk shall immediately return the title to the Transportation

Cabinet. The owner shall pay to the county clerk fifty cents ($0.50) for his or her

services.