1. Upon installation of a conveyance, an elevator contractor responsible for the work shall certify compliance with this chapter, rules of the board, and any applicable industry code or standard.

2. Before a conveyance is placed in operation, the owner of the conveyance shall obtain a certificate of operation from the board. The board may impose a penalty of not less than fifty dollars for the failure to obtain a certificate of operation.

3. A certificate of operation is valid for one year and must be renewed annually. The owner of the conveyance shall pay the required fee before the board may issue a certificate of operation and renewal of a certificate.

4. The owner of the conveyance shall clearly display the certificate on or in each conveyance or in the machine room.