Except for motorboats exempt from numbering under subdivisions 3307(a)(2)-(6) of this title, every motorboat on the waters of this State shall be numbered. A person shall not operate or give permission for the operation of any motorboat on such waters unless the motorboat is numbered in accordance with this subchapter, or in accordance with applicable federal law, or in accordance with a federally approved numbering system of another state, and unless:
(1) the certificate of number awarded to such motorboat is currently valid; and
(2) the identifying number set forth in the certificate of number is displayed on each side of the bow of such motorboat.