Sec. 25. A motorboat that is owned or leased and used for official business by the following must be registered on a date selected by the bureau but is exempt from the payment of registration fees:
(1) The state.
(2) A municipal corporation (as defined in IC 36-1-2-10).
(3) A volunteer fire department (as defined in IC 36-8-12-2).
(4) A volunteer emergency ambulance service that:
(A) meets the requirements of IC 16-31; and
(B) has only members that serve for no compensation or a nominal annual compensation of not more than three thousand five hundred dollars ($3,500).
As added by P.L.262-2013, SEC.134.
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