New Laws For Long, Older Vessels
For vessels 65 feet or greater and 40 years or older. With the goal of avoiding costly taxpayer-funded clean-up of large sunken vessels and their contamination of public waterways, starting today a new state law requires owners to have insurance for vessels 65 feet or longer and 40 years or older.
The new law, approved by the state legislature and announced today by the Department of Natural Resources (DNR), also requires an inspection of a vessel’s condition before sale. The law applies to both commercial and private vessel owners.