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Code of Federal Regulations (Last Updated: July 5, 2024) |
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Title 46 - Shipping |
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Chapter I - Coast Guard, Department of Homeland Security |
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SubChapter G - Documentation and Measurement of Vessels |
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Part 67 - Documentation of Vessels |
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Subpart E - Acceptable Title Evidence; Waiver |
§ 67.75 - Transfers by sale or donation subsequent to documentation.
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§ 67.75 Transfers by sale or donation subsequent to documentation.
(a) Except as otherwise provided in this subpart, transfers of vessel title must be evidenced by a bill of sale which meets the criteria for filing and recording set forth in subpart P of this part. Except as otherwise provided in subpart O of this part, each bill of sale must be accompanied by a declaration of citizenship from the new owner, executed on the appropriate Maritime Administration form described in § 67.211.
(b) The bill of sale form used may be form CG-1340 or form CG-1356, as appropriate.
(c) An applicant for documentation who cannot produce required title evidence in the form of an instrument eligible for filing and recording in accordance with subpart P of this part may apply for a waiver of that requirement in accordance with the provisions of § 67.89.