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Current as of March 28, 2024 | Updated by Findlaw Staff
(a) The owner of a motorboat who has made a bona fide sale or transfer of his or her certificate of title or interest and who has delivered possession of the motorboat to the purchaser or transferee is not liable for any damages resulting from negligent operation of the motorboat by another person.
(b) The selling or transferring owner, upon delivery of possession of the motorboat, is not liable for any damage or negligence if the selling or transferring owner:
(1) Delivers the certificate of title, properly endorsed and dated with the date of the endorsement, to the purchaser or transferee;
(2) Delivers to the Office of Motor Vehicle or places in the United States mail, addressed to the Office of Motor Vehicle, the notice as provided in § 27-101-1027; or
(3) Delivers to the Office of Motor Vehicle or places in the United States mail, addressed to the Office of Motor Vehicle, the appropriate documents and fees for registration of the motorboat to the new owner under the sale or transfer.
Cite this article: FindLaw.com - Arkansas Code Title 27. Transportation § 27-101-1026. Transferor not liable for negligent operation - last updated March 28, 2024 | https://codes.findlaw.com/ar/title-27-transportation/ar-code-sect-27-101-1026/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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