[§200A-8] Creation and cancellation of certificate of title. (a) Unless an application for a certificate of title is rejected under subsection (c) or (d), the department shall create a certificate for the vessel in accordance with subsection (b) no later than sixty days after delivery to it of an application that complies with section 200A-7.
(b) If the department creates electronic certificates of title, the department shall create an electronic certificate unless in the application the secured party of record or, if none, the owner of record, requests that the department create a written certificate.
(c) Except as otherwise provided in subsection (d), the department may reject an application for a certificate of title only if:
(d) The department shall reject an application for a certificate of title for a vessel that is a documented vessel or a foreign documented vessel.
(e) The department may cancel a certificate of title it created only if the department: