U.S. Documentable Boat definition
U.S. Documentable Boat means a vessel that meets the federal five-ton standard and qualifies for documentation under federal law.
Examples of U.S. Documentable Boat in a sentence
With respect to each Financed Boat that is a U.S. Documentable Boat, a filed and fully effective Preferred Mortgage has been placed in favor of CITSF, CITCF-NY or the Dealer as security for the Contract with respect to such U.S. Documentable Boat.