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E.__For a certificate of number issued with transfer of | | ownership authorized in subsection 10, the fee is $2. |
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| | | F.__For a registration issued for an expanded registration | | period authorized in subsection 11, paragraph A: |
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| | | (1)__Ten horsepower or less, the fee is $7.50; |
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| | | (2)__Greater than 10, but not more than 50 horsepower, | | the fee is $12.50; |
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| | | (3)__Greater than 50 horsepower, the fee is $18.75; and |
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| | | (4)__Personal watercraft, the fee is $25.00. |
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| | | Validation stickers are nontransferable. |
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| | | 9.__Renewal.__The owner may renew the owner's certificate of | | number at expiration by stating the old number in the owner's | | application and paying the fee prescribed in subsection 8.__The | | fee is the same fee the owner would pay for the original | | issuance. |
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| | | 10.__Transfer of ownership.__Whoever transfers ownership of a | | motorboat for which a certificate of number has already been | | issued under this chapter and applies for a certificate of number | | for another motorboat is entitled to a new certificate of number | | upon payment of a transfer fee of $2 as set forth in subsection | | 8, paragraph E, provided the applicant returns to the | | commissioner the old certificate of number properly signed and | | executed, showing that ownership of the motorboat has been | | transferred. |
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| | | 11.__New ownership.__If there is a change of ownership of a | | motorboat for which a certificate of number has previously been | | issued under this chapter, the new owner shall apply for a new | | certificate of number and set forth the original boat number in | | the application.__The new owner shall pay the regular fee for the | | particular motorboat involved and is not entitled to the special | | transfer fee set forth in subsection 10. |
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| | | A.__After September 30th, a person may pay 125% of the | | original watercraft registration fee as listed in subsection | | 8, paragraph F and receive a registration covering the | | remainder of the calendar year plus one additional year. |
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| | | 12.__Restrictions.__The following provisions must be observed. |
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