Section 72. Change of ownership, name or hailing place

Should  the
  ownership, name or hailing place of a float change after state registry,
  the owner of the float shall make new application  in  form  similar  to
  that required for original registry and upon receipt of such application
  the  corporation  shall  issue  a  new state certificate of registry and
  record the same in its office. The owner or owners of a commercial float
  found navigating the canal system, the ownership, name or hailing  place
  of  which  shall  have  been  changed  without  proper  application  for
  re-registry to the corporation, shall, upon due proof thereof be subject
  to a penalty to the people of the state of New York not  to  exceed  one
  hundred  dollars recoverable by the attorney general in an action in any
  court of competent jurisdiction.