§ 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.