KRS 235.180: Termination of license by transfer, destruction or abandonment.

The owner shall furnish the county clerk notice of the transfer of all or any part of his

interest other than the creation of a security interest in a motorboat numbered in this state

pursuant to the provisions of this chapter or of the destruction or aban donment of the

motorboat, within fifteen (15) days thereof. The transfer, destruction, or abandonment

shall terminate the certificate of title and registration number for the motorboat, except,

that in the case of a part interest which does not affect the owner's right to operate the

motorboat, the transfer shall not terminate the certificate of title and registration number.