Sec. 28. (a) A motorboat that is owned by an entity that is exempt from the payment of registration fees under section 25 of this chapter may be assigned permanent registration certificates and accompanying permanent registration cards.
(b) The permanent registration certificates and cards assigned under subsection (a) are in effect from the time the certificate of title for the motorboat is acquired by the person that owns the motorboat until the certificate of title is relinquished by the person, at which time the registration certificates and cards are subject to reassignment or destruction by the person.
As added by P.L.262-2013, SEC.137.