Licensing Boy Scout Trailer - Title and Ownership Question
Posted: Mon Aug 04, 2008 12:35 pm
I know others have had this issue - my LDS sponsored troop has purchased a utility trailer to carry and store scouting equipment. The trailer was purchased used for a great price using funds from the 'Other' account. (These funds were raised just for this purpose, so be still your auditing hearts!)
Now, when it comes to registering the trailer, who is to be named as the owner on the title? Utah DMV says it can be the name of the troop on the title, or the sponsoring unit, but the person signing the title has to show legal proof that they can sign for the troop or ward. As a scout committee, we have thought that we could put the trailer in the name of the scoutmaster, or the bishop, but both these will eventually be released.
We are leaning toward having the trailer registered to the ward, and having the current bishop sign the title (he has ample proof to show he can sign for for the unit) - then when annual renewals come in the mail he can give it to the clerk for payment. When he is released he can just pass the renewal on to the next bishop. But even this option isn't fail-safe.
Anyone out there had this experience?
Also, is there anything wrong about a unit owning assets of this dollar value? As is typical, we bought the trailer first, then we started asking questions...
Now, when it comes to registering the trailer, who is to be named as the owner on the title? Utah DMV says it can be the name of the troop on the title, or the sponsoring unit, but the person signing the title has to show legal proof that they can sign for the troop or ward. As a scout committee, we have thought that we could put the trailer in the name of the scoutmaster, or the bishop, but both these will eventually be released.
We are leaning toward having the trailer registered to the ward, and having the current bishop sign the title (he has ample proof to show he can sign for for the unit) - then when annual renewals come in the mail he can give it to the clerk for payment. When he is released he can just pass the renewal on to the next bishop. But even this option isn't fail-safe.
Anyone out there had this experience?
Also, is there anything wrong about a unit owning assets of this dollar value? As is typical, we bought the trailer first, then we started asking questions...