1997 Minnesota Statutes

     86B.870 Title fees. 

    Subdivision 1.    Fees.  (a) The fee to be paid to the 
 commissioner: 

    (1) for issuing an original certificate of title, including 
 the concurrent notation of an assignment of the security 
 interest and its subsequent release or satisfaction, is $15; 

    (2) for each security interest when first noted upon a 
 certificate of title, including the concurrent notation of an 
 assignment of the security interest and its subsequent release 
 or satisfaction, is $10; 

    (3) for transferring the interest of an owner and issuing a 
 new certificate of title, is $10; 

    (4) for each assignment of a security interest when first 
 noted on a certificate of title, unless noted concurrently with 
 the security interest, is $1; and 

    (5) for issuing a duplicate certificate of title, is $4. 

    (b) In addition to other statutory fees and taxes, a filing 
 fee of $3.50 is imposed on every application.  The filing fee 
 must be shown as a separate item on title renewal notices sent 
 by the commissioner. 

    Subd. 2.    Concurrent applications.  If a person 
 applies for an original or a new certificate of title for a 
 watercraft concurrently with an application for transfer of 
 license of the watercraft to the applicant, the fee prescribed 
 in subdivision 1 is in lieu of the fee prescribed by sections 
 86B.125, 86B.301, and 86B.401 to 86B.421 for a transfer of 
 ownership or license of the watercraft to the applicant. 

    Subd. 3.    Fees paid before title issued.  Subject to 
 subdivision 2, the commissioner may not issue a certificate of 
 title for a watercraft until the fees prescribed by subdivision 
 1 and sections 86B.125, 86B.301, and 86B.401 to 86B.421 for a 
 prior transfer of ownership or license of the watercraft have 
 been paid. 

    Subd. 4.    Deposit of fee.  Fees collected under this 
 section must be deposited in the state treasury and credited to 
 the water recreation account, except a deputy registrar who 
 originates an application shall retain the filing fee under 
 subdivision 1, paragraph (b).  

    HIST: 1989 c 335 art 1 s 232; 1990 c 391 art 10 s 3; 1995 c 
 220 s 75