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Re: lv-ab: Ferro Cement boat insurance

From: Dave Legrow (no email)
Date: Wed Oct 18 2006 - 20:11:26 EDT

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    <snip>

    If it is registered with the USCG, there may be a problem
    with foreign
    ownership - I'm not sure - and it has to be operated by a
    US citizen however
    you can ignore this ruling. It is rarely invoked or even
    checked and then
    only in cases of magnitude.

    Reply-

    Actually before the regulations were changed it was
    enforced. Now US documented recreational vessels may be
    operated by foreigners. (46 CFR 15.805)

    However, they may not be owned by foreigners. So state
    registration is the only option - and a preferable one, if
    it works, as it eliminates much paperwork and possible
    fines for failure to report as required.

    Good luck.

    Dave Legrow

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