N.Y. Vehicle & Traffic Law § 2257-b: Yacht brokers

§ 2257-b. Yacht brokers. 1. A yacht broker is any person who, for a

fee or commission, acts as an agent for either the buyer or seller of a

vessel. On and after April first, nineteen hundred eighty-six, a person

who engages in business as a yacht broker shall certify to the

commissioner that he is a yacht broker. The failure of a person engaged

in business as a yacht broker to certify to the commissioner that he is

a yacht broker shall be a violation.

2. A yacht broker shall be required to keep records of all

transactions concerning the purchase and sale of any vessel in which he

acted as agent for either the buyer or seller. Such records shall be

maintained in a manner prescribed by the commissioner and shall be

available upon request during business hours to any peace officer or

agent of the commissioner. The failure to produce such records as

required by this section shall be a violation.