NMMA webinar to talk about title-branding provision - Trade Only Today

NMMA webinar to talk about title-branding provision

Author:
Publish date:

The National Marine Manufacturers Association has scheduled a webinar for 2 p.m. (EDT) May 10 to outline the details of a new draft boat title-branding law in conjunction with the Uniform Draft Certificate of Title Act for Vessels drafting committee.

The Draft Uniform Vessel Titling Act is comprehensive, yet not much different from what exists in states with a boat title law - with one major exception - a new branding provision. The webinar will walk participants through the provision so they can understand how it will affect boat owners, boat buyers, dealers, lenders, insurers and marine surveyors.

Few states brand the title of vessels, with the result that vessels with hidden hull damage can be resold after cosmetic repairs without disclosure of the damage. The problem can be compounded greatly after a major hurricane or storm.

By establishing a model vessel brand, this inconsistency can be avoided, providing more reliable and understandable information for the consumer, the NMMA said.

The webinar is open to NMMA members, marine trade organizations, insurers, marine surveyors, bankers, other boating organizations, the boating trade press, dealers and state agencies.

Presenters include:

  • Cindy Squires, NMMA
  • E.M. Miller, chairman of the Certificate of Title Act for Boats Drafting Committee
  • Professor Stephen L. Sepinuck, Gonzaga University School of Law, and reporter for the Certificate of Title Act for Boats Drafting Committee

Click here for information and to register.

Related

E-nnovation Lab to expand at 2018 Metstrade show

The growing demand for hybrid and electric engines is becoming more apparent within the leisure marine market, prompting Metstrade to introduce the E-nnovation Lab platform for electric propulsion technology.

Aluminum, tow boats lead moderate growth in May

Boat registrations were up 2.1 percent in May in the main powerboat categories, and rose 3.2 percent in all categories, according to preliminary data from Statistical Surveys Inc., a Michigan company that tracks new boat registrations.

Retaliatory tariffs on boats to EU start today

The 25 percent tariff the EU announced Wednesday on U.S.-built boats kicks in today, and a 10 percent tariff on boats sold to Canada will start July 1, prompting boatbuilders to worry they will lose sales to those countries.