- Vessels - Certificate of Title - Transfer-on-Death Beneficiary Designation
- Sponsored by
- Delegate Carr
- In the House - Hearing 1/29 at 2:00 p.m.
Authorizing a sole owner of a vessel to designate a beneficiary to take ownership of the vessel on the death of the owner; providing that a beneficiary may be indicated on a certificate of title for a vessel by the words "transfer-on-death" or "TOD" after the name of the registered owner; providing that designating a beneficiary does not affect ownership of a vessel until the death of the owner; authorizing the owner of a vessel to cancel or change the designation of a beneficiary without the consent of the beneficiary; etc.
Bill File Type: Pre-Filed
Effective Date(s): October 1, 2020
Last Updated: 1/19/2020 9:40 AM