Code of Federal Regulations (alpha)

CFR /  Title 33  /  Part 187  /  Sec. 187.301 What are the eligibility requirements for certification

The Commandant, under 46 U.S.C. 31322(d)(1)(A) and Sec. 187.13, may certify a State vessel titling system that meets the requirements of this subpart as complying with the guidelines for vessel titling systems. This certification is for the purpose of conferring preferred mortgage status on a mortgage, instrument, or agreement granting a security interest perfected under State law, covering the whole of a vessel titled in that State. The State must also comply with the VIS participation requirements of Sec. 187.11 and subpart C of this part and make vessel information it collects available to VIS.