64.1-123.2 - Transfer of certain vessels registered with United States Bureau of Customs. - Virginia Statutes

§ 64.1-123.2. Transfer of certain vessels registered with United StatesBureau of Customs.

If a Virginia resident owning a vessel registered with the United StatesBureau of Customs is dead and there has been no qualification on his estate,a transfer of ownership may be made by a legatee or distributee if there ispresented to the Bureau of Customs a statement made by a legatee ordistributee to the effect that there has not been and there is not expectedto be a qualification on such estate and that his debts have been paid infull or that the proceeds from the sale of such vessel will be used to applyagainst his debts. The statement shall state the name, residence at the timeof death, date of death and the names of all other persons, if any, having aninterest in the vessel which is sought to be transferred and, if there aresuch persons of legal age, they shall signify in writing their consent tosuch transfer of title.

(1980, c. 731; 1994, c. 399.)