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Legal Owner-A person holding the legal title to a vessel under a conditional sales contract the mortgagee of a vessel or the renter or lessor of a vessel to the state, or to any county, city, district, or political subdivision of the state, under a lease, lease sale, or rental purchase agreement which grants possession of the vessel to the lessee for a period of 30 consecutive days or more.Interstate Commerce-A vessel engaged for compensation in transporting persons or property in more than one state.
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