No certificate of title need be obtained for:
(1) any vessel under 16 feet in length;
(2) any snowmobile or all-terrain vehicle of a model year prior to 2004 or that is more than 15 years old;
(3) any vessel that is a canoe, kayak, or similar watercraft designed to be manually propelled or equipped with a motor not to exceed 10 horsepower;
(4) a vessel, snowmobile, or all-terrain vehicle owned by the United States, unless it is registered in this State;
(5) a vessel, snowmobile, or all-terrain vehicle owned by a manufacturer or dealer and held for sale;
(6) a vessel owned by a nonresident of this State and not required by law to be registered in this State;
(7) a vessel regularly engaged in the interstate transportation of persons or property for which a currently effective certificate of title has been issued in another state;
(8) any snowmobile or all-terrain vehicle owned by a nonresident of this State whose state of residence does not require a certificate of title for any such snowmobile or all-terrain vehicle;
(9) any snowmobile or all-terrain vehicle owned by a nonresident of this State whose state of residence does require a certificate of title for any such snowmobile or all-terrain vehicle and the title has been issued or applied for;
(10) any vessels that are more than 15 years old.