Join Date: Jun 2000
Location: CT/ Long Island Sound
Thanked 39 Times in 38 Posts
Rep Power: 17
Re: J70 Class Rules
I'd use a bill of sale, as you suggest, and save the money (your fee and the $500 annual report) until someone complains that a bill of sale isn't sufficient. As you also suggest, that isn't likely. The class rule is there so that owners are protected against ringers, hot-shots, or professionals coming in and picking up all the silver. When this happens, people decide not to buy the types of boats that allow it, and the bottom falls out of the market for those boats. This is bad for the boat owners and the boat builders, so the class promotes owner-driver rules.