(1) Does the department use the words "and," "or," or the slash symbol (/) when recording multiple interests on a certificate of ownership? No, the department no longer uses these designations when recording ownership interest. For those certificates of ownership that have been issued using one of these designations:
(a) Any registered owners shown are considered to have equal registered owner interest in the vessel; and
(b) Any secured parties shown are considered to have equal secured party interest in the vessel.
(2) Will the department use the words "and," "or," or the slash symbol (/) if another jurisdiction has recorded multiple interests on the foreign certificate of ownership using one of these designations? No. The department does not allow the use of these designations when recording ownership interest.
[Statutory Authority: RCW
88.02.070,
88.02.100. WSR 03-07-076, § 308-93-370, filed 3/18/03, effective 4/18/03; WSR 01-21-071, § 308-93-370, filed 10/18/01, effective 11/18/01; WSR 99-22-059, § 308-93-370, filed 11/1/99, effective 12/2/99. Statutory Authority: 1983 c 7 § 20 and 1983 2nd ex.s. c 3 § 46. WSR 83-23-076 (Order 736-DOL), § 308-93-370, filed 11/18/83.]