Natural Resources - State Boat Act - Auctioneers

SB 23 exempts licensed auctioneers acting on behalf of sellers, secured parties, or owners (without taking title) from being classified as "dealers" under Maryland's State Boat Act. This change specifically removes regulatory requirements for these auctioneers, as they are no longer considered dealers when title doesn't pass to them and the auction isn't used to bypass boat sale laws. The bill amends Section 8-701(c)(3) of Maryland's Annotated Code, clarifying that "dealer" excludes such auctioneers. It directly affects licensed auctioneers conducting boat sales as agents for others, not taking ownership. The law takes effect July 1, 2025.