(a) Application and issuance.--The commission will issue to dealers, manufacturers and jobbers special registrations that bear the additional mark "X" upon proper application and payment of the applicable fee. Application for dealer registrations shall be made upon a form provided by the commission, shall set forth the full name and business address of the applicant and such other information as the commission may require and shall be signed by the dealer, manufacturer or jobber. The dealer registration number shall be displayed conspicuously on each side of the bow of the boat being used by the dealer. The commission may issue additional registrations to dealers, manufacturers or jobbers upon proper application and the payment of the applicable fee.
(b) Use.--Dealer registrations may be used on any boat owned or in possession of a dealer, manufacturer or jobber and operated by the dealer, manufacturer or jobber or their employees only when the boat is used for any of the following purposes:
(1) In the business of the registrant as a dealer, manufacturer or jobber.
(2) For the personal pleasure or use of the dealer, manufacturer, jobber, members of his immediate family and regular employees thereof and members of their immediate families.
(3) For testing or demonstrating boats in the possession of the dealer, manufacturer or jobber.
(4) For lending boats to customers whose boats are being repaired.
(5) For lending to prospective buyers for a period not exceeding two days for purposes of demonstrating the boats.