The purposes of this part are to—

1. (a) Establish minimum requirements for States electing to participate in VIS;
2. (b) Prescribe guidelines for State vessel titling systems; and
3. (c) Explain how to obtain certification of compliance with State guidelines for vessel titling systems for the purpose of conferring preferred status on mortgages, instruments, or agreements under 46 U.S.C. 31322(d).