Acceptance of Prior Record of Title

(a)Upon application for registration of a vessel previously registered outside Guam, the Guam Police Department shall grant full faith and credit to the currently valid certificate of title describing such vessel, the ownership thereof and liens noted thereon, issued by the jurisdiction in which the vehicle was last registered.

(b)Acceptance by the Guam Police Department of a certificate of title issued by another jurisdiction as provided in Subsection

(a)of this Section, in the absence of knowledge by COL6/5/2019 CH. 69 BOATING the Department that any such certificate is forged, fraudulent or void, shall be a sufficient determination of genuineness and regularity of such certificate and of the truth of the recitals therein, and no liability shall be incurred by any officer or employee of the Department by reason of so accepting any such certificate of title.

(c)In the event a certificate of title issued by another jurisdiction shows any lien or encumbrance upon the vessel, then the Guam Police Department upon registering such vessel in Guam and upon issuing a certificate of ownership, shall include therein the name of such lienholder as legal owner unless documents submitted with the foreign certificate of title establish that the lien and encumbrance have been fully satisfied.

(d)In the event application is made in Guam for registration of a vessel of another jurisdiction which issues only a number and does not issue a certificate of ownership or its equivalent and in the event the Guam Police Department is not satisfied after the owner of the vessel of the existence of foreign liens thereon, then the Department may issue a certificate of number but shall withhold issuance of a Guam certificate of ownership until the applicant shall present such documents as to reasonably satisfy the Department of the applicant's ownership of the vessel.

(e)In the event the Guam Police Department refuses to grant an application for registration in Guam of the vessel previously registered in another jurisdiction, the Department shall immediately return to the applicant all documents submitted by the applicant with such application.