Accrual of penalty.

Failure to register shall be considered delinquent and a penalty shall accrue the first day of the month following thirty days from the date of the purchase of a new aircraft or the date an aircraft is brought into the state. [C50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §328.51 ] 90 Acts, ch 1063, §9 ; 96 Acts, ch 1152, §25