1.  Before the issuance of any certificate of ownership, the Department shall obtain a statement in writing signed by the transferee or transferor, showing:

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Terms Used In Nevada Revised Statutes 488.1797

(a) The date of the sale or other transfer of ownership of the power-driven vessel.

(b) The name and address of the seller or transferor.

(c) The name and address of the buyer or transferee.

2.  Upon receipt of:

(a) The properly endorsed certificate of ownership;

(b) The certificate of number and the required fee;

(c) The statement of information; and

(d) Proof that the applicable taxes have been paid, the Department shall issue a new certificate of ownership and a new certificate of number to the transferee. The previous number may be reassigned to the transferee.