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§ 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.

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