1. Before the issuance of any certificate of ownership, the Department shall obtain a statement in writing signed by the transferee or transferor, showing:
(a) The date of the sale or other transfer of ownership of the motorboat.
(b) The name and address of the seller or transferor.
(c) The name and address of the buyer or transferee.
2. Upon receipt of:
(a) The properly endorsed certificate of ownership;
(b) The certificate of number and the required fee;
(c) The statement of information; and
(d) Proof that the applicable taxes have been paid,
the Department shall issue a new certificate of ownership and a new certificate of number to the transferee. The previous number may be reassigned to the transferee.
(Added to NRS by 1971, 1376; A 1975, 644; 1985, 1966; 1987, 856; 1993, 1649; 2003, 1571, 2824)