Legislation
- Title
- Vessels - Certificate of Title - Transfer-on-Death Beneficiary Designation
- Sponsored by
- Delegate Clark
- Status
- In the House - Hearing 3/02 at 1:00 p.m.
- Analysis
- Fiscal and Policy Note
Synopsis
Requiring that a certificate of title issued for a vessel by the Department of Natural Resources contain a notation indicating a transfer-on-death beneficiary under certain circumstances; authorizing a sole owner of a vessel to designate a beneficiary to take ownership of the vessel on the death of the owner; and providing for the disposition of a vessel if a designated beneficiary does not survive the owner of a vessel; etc.
Committees
Committee Testimony
Details
Introduced in a prior session as: HB0055 Session: 2020 Regular Session
Bill File Type: Regular
Effective Date(s): October 1, 2022
History
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File Code
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Subjects
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Statutes
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(
8-715, 8-715.1, 8-720 )
Last Updated: 7/8/2022 2:30 PM