(2) Greater than 10, but not more than 50 horsepower, the fee is $12.50;

(3) Greater than 50 horsepower, the fee is $18.75; and

(4) Personal watercraft, the fee is $25.00.

Validation stickers are nontransferable.

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.

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.

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.

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.

12. Requirements. The following provisions must be observed establish requirements for certificates of number, identification numbers and validation stickers.

A. The operator shall have the certificate of number available for inspection on the motorboat for which it was issued whenever the motorboat is in operation.

B. The A person may not operate or give permission to operate a motorboat unless the identification number and