Section 75 IAC 5-2-2 - Manufacturer's and importer's certificate of originAuthority: IC 9-32-3-1
Affected: IC 9-32
Sec. 2.
(a) A watercraft dealer shall not purchase or acquire a new watercraft without obtaining from the seller of the watercraft a manufacturer's certificate of origin or an importer's certificate of origin.(b) A manufacturer's certificate of origin or an importer's certificate of origin must include the following: (1) A description of the watercraft. The description must include the following:(H) Hull identification number.(2) A certification of the date of transfer of the watercraft to a distributor, watercraft dealer, or other person.(3) The name and address of the distributor, watercraft dealer, or other person to whom the watercraft was transferred.(4) A certification that the transfer is the first transfer of the watercraft in ordinary trade and commerce.(5) The signature and address of a representative of the transferor.(c) An assignment of a manufacturer's certificate or an importer's certificate must be printed on the reverse side of the certificate. The assignment must include the name and address of the transferee, a certification that the watercraft is new, and a warranty that the title at the time of delivery is subject only to liens and encumbrances that are set forth and fully described on the assignment.Secretary of State; 75 IAC 5-2-2; filed Jun 7, 1993, 10:00 a.m.: 16 IR 2356; readopted filed Jul 30, 2001, 10:31 a.m.: 24 IR 4232; readopted filed Nov 14, 2007, 1:31 p.m.: 20071212-IR-140070562RFA; readopted filed Nov 13, 2013, 3:25 p.m.: 20131211-IR-075130451RFAFiled 12/14/2017, 1:15 p.m.: 20180110-IR-075160434FRAReadopted filed 11/30/2023, 11:48 a.m.: 20231227-IR-075230626RFA Transferred from the Bureau of Motor Vehicles (140 IAC 9-3-2) to the Secretary of State (75 IAC 5-2-2) by P.L. 106-2008, SECTION 54, effective July 1, 2008.