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27-101-1026. Transferor not liable for negligent operation.
Arkansas Code — all titles (historical 2020) · legal_authorities
27-101-1026. Transferor not liable for negligent operation.
(a) The owner of a motorboat who has made a bona fide sale or transfer of his or her certificate of title or interest and who has delivered possession of the motorboat to the purchaser or transferee is not liable for any damages resulting from negligent operation of the motorboat by another person.
(b) The selling or transferring owner, upon delivery of possession of the motorboat, is not liable for any damage or negligence if the selling or transferring owner:
(1) Delivers the certificate of title, properly endorsed and dated with the date of the endorsement, to the purchaser or transferee;
(2) Delivers to the Office of Motor Vehicle or placed in the United States mail, addressed to the office, the notice as provided in § 27-101-1027; or
(3) Delivers to the office or places in the United States mail, addressed to the office, the appropriate documents and fees for registration of the motorboat to the new owner under the sale or transfer.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 27-101-1026
Stored review status: Historical 2020-11-06 source release; later amendments not reconciled; machine-extracted, not independently legally reviewed; source heading status: text_in_historical_source. A text match is a research starting point; applicability is not established.
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Record provenance
Stable record: arkansas_code:legal_authorities:27-101-1026
Source file: gov.ar.code.title.27.odt
Pages: Not recorded – Not recorded
Passage SHA-256: 66d7e7ecf23a14ba4313970415d24af0a49d277309bec545d776abde44949f52
Source location: content.xml paragraph 29196
Stored source content
27-101-1026. Transferor not liable for negligent operation.
(a) The owner of a motorboat who has made a bona fide sale or transfer of his or her certificate of title or interest and who has delivered possession of the motorboat to the purchaser or transferee is not liable for any damages resulting from negligent operation of the motorboat by another person.
(b) The selling or transferring owner, upon delivery of possession of the motorboat, is not liable for any damage or negligence if the selling or transferring owner:
(1) Delivers the certificate of title, properly endorsed and dated with the date of the endorsement, to the purchaser or transferee;
(2) Delivers to the Office of Motor Vehicle or placed in the United States mail, addressed to the office, the notice as provided in § 27-101-1027; or
(3) Delivers to the office or places in the United States mail, addressed to the office, the appropriate documents and fees for registration of the motorboat to the new owner under the sale or transfer.
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Arkansas Code — all titles (historical 2020) · legal_authorities
27-101-1027. Notice of sale or transfer.
(a) Whenever the owner of a motorboat registered with a certificate of number under this chapter sells or transfers the certificate of title or interest in and delivers possession of the motorboat to another person, the owner may notify the Office of Motor Vehicle of the sale or transfer.
(b) The notice shall provide the following information:
(1) The date of the sale or transfer;
(2) The name and address of the owner and of the transferee;
(3) The hull identification number;
(4) The identifying number assigned to the motorboat under § 27-101-301 et seq.;
(5) A description of the motorboat; and
(6) Any other information that may be required by the office.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 27-101-1027
Stored review status: Historical 2020-11-06 source release; later amendments not reconciled; machine-extracted, not independently legally reviewed; source heading status: text_in_historical_source. The source passage cites 27-101-1027. This identifies an authority to review, not proof of applicability.