§ 1135 Ship Interest Transfer Rules
This law says that to give away a share in a ship, it must happen by law, by a written document signed by the owner or their agent.
A person wants to sell their ownership of a fishing boat to a friend.
They must fill out a written paper, sign it, and either have the friend sign as agent or follow the legal process; just handing over the boat without paperwork won't transfer the legal interest.
AI-generated — May contain errors. Not legal advice. Always verify source.
§ 1135 Ship Interest Transfer Rules
Last verified: January 9, 2026