(1) A certificate of number or transfer of a certificate of number shall not be issued under § 27-101-301 et seq., nor shall a certificate of title be issued under this subchapter, if:(1) The Office of Motor Vehicle has been provided with information leading the Office of Motor Vehicle to reasonably believe that the relevant application contains any false or fraudulent statement;(2) The applicant fails to furnish required information or reasonable additional information requested by the Office of Motor Vehicle;(3) The Office of Motor Vehicle has reasonable grounds to believe that the motorboat is stolen or embezzled or that the granting of a certificate of number, the issuance of a certificate of title, or the transfer of a certificate of number would constitute a fraud against the rightful owner or other person having a valid lien upon the motorboat; or(4) All the required fees have not been paid.
(1) The Office of Motor Vehicle has been provided with information leading the Office of Motor Vehicle to reasonably believe that the relevant application contains any false or fraudulent statement;
(2) The applicant fails to furnish required information or reasonable additional information requested by the Office of Motor Vehicle;
(3) The Office of Motor Vehicle has reasonable grounds to believe that the motorboat is stolen or embezzled or that the granting of a certificate of number, the issuance of a certificate of title, or the transfer of a certificate of number would constitute a fraud against the rightful owner or other person having a valid lien upon the motorboat; or
(4) All the required fees have not been paid.