328.50 - PENALTY ON DELINQUENT REGISTRATION.

        328.50  PENALTY ON DELINQUENT REGISTRATION.         On the first day of the second month following the end of an      aircraft registration period, a penalty of five percent of the annual      registration fee shall be added to a fee not paid by that date, and      five percent of the annual registration fee shall be added to the fee      on the first day of each following month that the fee remains unpaid;      however, the penalty shall not be less than one dollar.  
         Section History: Early Form
         [C50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, § 328.50] 
         Section History: Recent Form
         88 Acts, ch 1063, § 11