An owner of a vessel may apply to the Department for a nonmotorized vessel decal if the vessel is: Not equipped with propulsion machinery; Used principally on the waters of the State; and Not subject to the requirements of § 8–712 or § 8–712.1 of this subtitle. The owner shall apply for a nonmotorized vessel decal on a form approved by the Department. A nonmotorized vessel decal: Is valid for a period not to exceed 2 years; and Expires on December 31 of the calendar year following the year the decal was issued. The fee for a nonmotorized vessel decal is $12. The nonmotorized vessel decal shall be displayed on the exterior of the vessel. Within 30 days after the sale or other transfer of a vessel displaying a nonmotorized vessel decal under this section: The transferor shall give notice of the transfer to the Department on a form that the Department requires; and If the transferee intends to continue to use the vessel principally on the waters of the State, the transferee may submit an application for a nonmotorized vessel decal and pay the fee required under subsection (c) of this section.