Thank you for the replies. I suspected as much and already discussed
eventual disposal with my wife.
It would be rendered inoperable and sold or donated for display such as a
seafood restaurant or maritime museum.
The maritime museum would be deductable.
Joe
----- Original Message -----
Sent: Wednesday, February 22, 2006 12:14
PM
Subject: Re: [PSUBS-MAILIST] Product
liability?
Hi,
Anyone building a submersible with the idea of
selling
it had better get it certified by a recognizable
agency, be
insured for a lot of money and be
incorporated.
Remember that once
you sell it that submersible is
beyond your control. Maintanance manuals
will get
lost. Corrosion will take its toll. And the brain dead
juriest
will probably say the manufacturing is liable.
If you want to build
submersibles as a business.
Consult a lawyer and set up your operation with
the
idea of protecting yourself.
As a hobbiest. Do not sell your
sub. Destroy it.
Regards,
Ray
--- Akins <lakins1@tampabay.rr.com>
wrote:
> Hi Joe.
>
> Good point. I have no idea how
liability would work
> regarding a homebuilt sub though.
> Bill
Akins.
>
>
> ----- Original Message -----
> From: Joseph Perkel
> To: personal_submersibles@psubs.org
> Sent: Friday, February 17, 2006 12:17
PM
> Subject: [PSUBS-MAILIST] Product liability?
>
>
> Bill Akins wrote:
>
> "Remember the "Needlefish" submarine for sale
a
> while back?"
>
> This brings to mind a
question about product
> liability. In the homebuilt aviation industry,
you
> are the manufacturer of an aircraft that you built
> and
sold to a third party. Even if that person signs
> a liability waiver,
successive owners and thier
> survivors are not so bound. You may be
liable if the
> thing comes apart and it can be proven to be a
>
manufacturing defect.
>
> How does this apply to
homebuilt boats? I say
> boats, because in most states your K-350 has to
be
> registered as a boat and therefore...legally, that
> is what
it is.
>
> This may have been covered in years past
but, I
> have not been a party to it and the archives are
>
tedious. It's a bit important to anyone selling.
>
>
Joe
>
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