SB570 Alabama 2012 Session

This bill would adopt the Uniform Certificate of Title for Vessels Act. This bill would provide a procedure for the owner of a vessel or a vessel trailer to make application with the Department of Conservation and Natural Resources for a certificate of title on a vessel and vessel trailer

This bill would require all vessels and vessel trailers to have a certificate of title

This bill would require a completed application for a certificate of title and supporting documentation be filed with the probate judge or other designated agent for the department and forwarded to the department. This bill would require the payment of a fee with the application and would authorize the designated agent to retain a portion of the fee as an administrative expense. This bill would specify the information to be included in an application for a certificate of title. This bill would provide circumstances in which the department could reject a certificate of title or cancel a certificate of title. This bill would provide the opportunity for a vessel or vessel trailer owner whose application is rejected or certificate cancelled to have a hearing

This bill would provide for perfecting a security interest on a vessel or vessel trailer

This bill would provide a procedure for transferring ownership of a vessel or vessel trailer

This bill would require the department to follow certain requirements in maintaining the files and records of security interests regarding the certificate of title it issues. This bill would also provide circumstances in which the department is required to make such information available to others

To adopt the Uniform Certificate of Title for Vessels Act, to provide for the issuance by the Department of Conservation and Natural Resources of certificates of title on vessels and vessel trailers; to require owners of vessels and vessel trailers to obtain a certificate of title; to provide that the application for a certificate of title may be filed with the judge of probate or other designated agent; to provide for the application process; to provide for the issuance of certificates of title; to provide an issuance fee; to provide an exemption; and to amend Section 33-5-9, Code of Alabama 1975.