Many states don't require you to state-register the boat if it is documented. You should check with the state department responsible for boat registration if you are planning on keeping the boat USCG documented. BTW, USCG documentation isn't transferable. You have to apply for USCG documentation, as a new owner. USCG documentation has to be applied for except in cases where the only change is the address of the owner. Any other changed invalidates the USCG documentation. This also means that you have to re-mark the boat with the new USCG documentation number if you are going to be USCG documenting the boat.
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You know what the first rule of sailing is? ...Love. You can learn all the math in the 'verse, but you take
a boat to the sea you don't love, she'll shake you off just as sure as the turning of the worlds. Love keeps
her going when she oughta fall down, tells you she's hurting 'fore she keens. Makes her a home.
—Cpt. Mal Reynolds, Serenity (edited)
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Still—DON'T READ THAT POST AGAIN.