There shall be paid to the secretary of transportation at the time of the registration of an aircraft an annual registration fee for each such aircraft based upon its maximum permissible take-off weight to be computed as follows:
Weight in Pounds
Rate
0 -- 1,500
$ 25
1,501 -- 2,000
40
2,001 -- 3,000
55
3,001 -- 4,000
70
4,001 -- 5,000
85
5,001 -- 6,000
100
6,001 -- 10,000
125
10,001 -- 12,499
150
12,500 -- 15,000
200
15,001 and over
300
The fees in this section are subject to the provisions of §§ 50-11-14 to 50-11-17, inclusive. Failure to pay the fees is a Class 2 misdemeanor.