Section 73. Registered owner to be advised of assessments and penalties

The
  corporation  shall  advise  the  person whose name appears on the latest
  application for registry on file  in  its  office  of  any  assessments,
  penalties  or  other charges levied against a float or its crew for acts
  or omissions occurring while the float is on the  canal  system.  Should
  the  registered  owner  fail to make prompt payment of such assessments,
  penalties or charges, the corporation may refuse clearance to the  float
  and action shall be instigated as provided under section eighty-three of
  this article.