KRS 235.220: Manufacturer's and dealer's registration -- Suspension or revocation of

license.

(1) Every manufacturer of or dealer in motorboats in this state shall register with the

cabinet at Frankfort, Kentucky, and pay an annual registration fee as set by the

department by administrative regulation. Upon receipt of this fee, the department

shall issue to the manufacturer or dealer a certificate of number and a plate bearing

the number assigned, which plate shall be so designed that it can be transferred from

boat to boat. Every manufacturer or dealer registered under this section shall be

furnished additional dealer certificates of number and plates upon the payment of

two dollars ($2) for each additional certificate of number desired. A motorboat

bearing dealer' s plates and carrying a dealer's certificate of number may be used

only by a member of the firm registered or by a bona fide salesman or employee of

the firm for any purpose reasonably connected with the sale or demonstration for

sale and delivery of the d ealer's motorboat or by any manufacturer or dealer,

licensed as provided above, in transporting any motorboat over the waters of this

state to his place of retail business for the manufacturer or wholesale dealer in

motorboats and for no other purpose.

(2) Every motorboat dealer or manufacturer who acquires a used motorboat for cash,

trade-in, or in any other manner, shall within fifteen (15) days from date of

acquisition have the registration assigned to himself. The dealer shall execute his

application for assignment upon documents designated by the cabinet to the county

clerk of the county in which he maintains his principal place of business and pay the

transfer fee. The clerk shall enter the assignment upon the automated system.

(3) The dealer shall ret ain the properly assigned certificate of title received from his

transferor and may make any reassignments thereon until the forms for dealer

assignment on the certificate of title are exhausted. The cabinet may, if it deems

warranted, provide a special do cument to allow for additional dealer assignments

without requiring system generated documents.

(4) If the dealer assigns the motorboat to a purchaser for use, he shall deliver the

properly assigned certificate of title to the purchaser, who shall make application for

registration and a certificate of title thereon, pursuant to KRS 235.050.

(5) The cabinet shall insure that the automated system is capable of accepting

instructions from the county clerk that a certificate of title shall not be produced

under a dealer registration situation.

(6) The license of any dealer or manufacturer may be suspended or revoked by the

cabinet for a violation of any section of this statute. Such persons shall be afforded a

full opportunity to defend themselves against any ch arges at a hearing set by this

department.