Each and every coastal island which the true owner has failed to register shall be held in the possession, custody and control of the Division of Parks and Public Lands until such time as the true owner files a registration, in the same manner as required under section 1205, with the Coastal Island Registry. [1975, c. 509, §7 (RPR); 1995, c. 502, Pt. E, §30 (AMD); 2011, c. 657, Pt. W, §7 (REV).]