It is unlawful for any person to use the treasurer's receipt to obtain motor vehicle license plates unless all municipal personal property taxes due in the county of his residence on any vehicles now or previously owned by the applicant have been paid. Any person who knowingly violates the provisions of this section is guilty of a misdemeanor and, upon conviction, must be fined not more than two hundred dollars. Each day's violation constitutes a separate offense.

The above penalty is in addition to any other penalties prescribed by law for failure to pay municipal taxes.

The verbatim text of the first paragraph of this section must be printed or stamped upon the treasurer's receipt. The owner of any motor vehicle registered under the International Reciprocity Plan who opts to pay semiannually and fails to pay semiannual payments as provided in this chapter is not permitted to relicense the vehicle until all taxes are paid and shall forfeit any further privilege to pay semiannually.