67-3-101. Regulation and licensing -- general provisions. In order to promote the general public interest and safety and to carry out the purposes of this title, the department may:

(1) require the annual registration of federal licenses, permits, or certificates of civil aircraft engaged in air navigation within this state, of aircrews engaged in aeronautics within this state, and of aeronautics instructors giving instruction in flying subjects and may issue certificates of registration. The certificates of registration constitute licenses of the aircraft, aircrews, and instructors for operations within this state to the extent permitted by the federal licenses, certificates, or permits so registered. The department may charge a fee for the registration of each federal license, certificate, or permit not exceeding $10. It may accept as evidence of the holding of a federal license, certificate, or permit the verified application of the owner of the aircraft, a member of the aircrew, or the instructor. The application shall contain information which the department may by rule or order prescribe.

(2) register aircraft repair shops, aircraft, aircraft parts and sales dealers, and other persons operating in aviation and license aircraft repair shops, aircraft, aircraft parts and sales dealers, and other persons operating in aviation, air schools, and aeronautics instructors giving instruction in ground subjects, in accordance with rules to be adopted by the department, and may annually renew these licenses. It may charge for the original licensing of aircraft repair shops, aircraft, aircraft parts and sales dealers, and other persons operating in aviation, air schools, and aeronautics instructors not more than $10 and for the renewal of a license not more than $10.

(3) upon notification by the federal aviation administration that it has revoked the license or certificate of an aircraft, aircrew member, air school, or aeronautics instructor, temporarily or permanently revoke the license or certificate of registration issued for that aircraft, aircrew member, air school, or aeronautics instructor, giving reasons for the action.