(1) The operator of the vessel must submit a boating accident report when the vessel or its equipment is involved in an occurrence that results in any of the conditions found in subsection (3) of this section.

(2) When the operator of the vessel cannot submit the boating accident report required by this section, the owner shall submit the report, and, if the owner cannot submit the report, the law enforcement agency that has jurisdiction where the accident occurred shall submit the report on behalf of the owner.

(3) A boating accident report is required to be submitted as specified in subsections (1) and (2) of this section whenever any of the following conditions involving a vessel or its equipment has occurred:

(a) A person dies;

(b) A person is injured and requires medical treatment beyond first aid;

(c) Damage to vessels and other property totals two thousand dollars or more;

(d) A vessel is a complete loss; or

(e) A person disappears from the vessel under circumstances that indicate death or injury.