§ 13-944. Financial institutions: Class 3 (finance company) plates

   (a) Classification. -- Special registration plates issued to a financial institution under § 13-623 of this title are Class 3 (finance company) registration plates.

(b) Annual fee. -- For Class 3 (finance company) registration plates, the annual registration fee for each registration plate issued to the applicant shall be established by the Administration.

(c) Use of plates. -- A Class 3 (finance company) registration plate may be used only on vehicles repossessed by or on behalf of the financial institution, and only as permitted by § 13-623 of this title.

HISTORY: An. Code 1957, art. 66 1/2, § 3-817; 1977, ch. 14, § 2; 1985, ch. 296; 1987, ch. 291, § 6; 1991, 1st Sp. Sess., ch. 2.