Period of Validity and Renewal of Certificate of Number

Period of Validity and Renewal of Certificate of Number. (a) The certificate of number initially awarded to a vessel pursuant to this chapter shall continue in full force and effect for a period ending one year from the date of issuance of that certificate unless sooner terminated or discontinued in accordance with the provisions of this chapter. The certificate of number is invalid after the date upon which the person whose name appears on the certificate of number as owner of the vessel transfers all of his or her ownership in the vessel or the vessel is destroyed or abandoned. The certificate of number issued is invalid if the application for certificate or number contains a false or fraudulent statement or the fees for the issuance of certificate of number are not paid. A certificate of number is invalid 60 days after the day on which the vessel is no longer principally used in the Commonwealth or when the person whose name appears on the certificate involuntarily loses his interest in the numbered vessel by legal process. (b) A certificate of number awarded pursuant to this chapter may be renewed at any time within the 90-day period preceding the expiration date. The same number shall be assigned if the renewal application is received within a year after the expiration date of the certificate of number. (c) If a certificate of number is lost or destroyed, the person whose name appears on the certificate as the owner may apply for a duplicate certificate by submitting to the director an application on a form prescribed by the director and the fee required by 3 CMC § 5432. Source: PL 3-25, § 11. Commission Comment: With respect to the references to the “director” of the Department of Public Safety, see Executive Order 94-3 (effective August 23, 1994), reorganizing the executive branch, changing agency names and official titles, and effecting other changes, set forth in the Commission comment to 1 CMC § 2001.