View all text of Subchapter I [§ 12101 - § 12108]
§ 12106. Surrender of title and number
(a)In General.—A documented vessel may not be titled by a State or required to display numbers under chapter 123 of this title, and any certificate of title issued by a State for a documented vessel shall be surrendered as provided by regulations prescribed by the Secretary.
(b)Vessels Covered by Preferred Mortgage.—The Secretary may approve the surrender under subsection (a) of a certificate of title for a vessel covered by a preferred mortgage under section 31322(d) of this title only if the mortgagee consents.
(Pub. L. 109–304, § 5, Oct. 6, 2006, 120 Stat. 1494.)