46 USC 12124: Surrender of title and number
Text contains those laws in effect on January 2, 2001
From Title 46-SHIPPINGSubtitle II-Vessels and SeamenPart H-Identification of VesselsCHAPTER 121-DOCUMENTATION OF VESSELS
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§12124. Surrender of title and number
(a) A documented vessel shall not be titled by a State or required to display numbers under chapter 123, and any certificate of title issued by a State for a documented vessel shall be surrendered in accordance with regulations prescribed by the Secretary of Transportation.
(b) The Secretary may approve the surrender under subsection (a) of a certificate of title for a vessel covered by a preferred mortgage under section 31322(d) of this title only if the mortgagee consents.
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