I don't know how you intend to register the boat. It is probably different from state to state, but in Washington if you register your boat as a commercial vessel with the Department of Revenue as opposed to the Department of Licensing as a pleasure craft, personal use would violate the registration regs which permit movement to or from points of embarkation/debarkation or fuel, repair, but prohibit any personal use. Often times this rule is not observed mind you, but it did cost a boat owner several hundred thousand in fines a few years back when he got nailed for registering as a commercial vessel at a lower registration fee.
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