(a) The owner of a motor vehicle who is a resident of the State of Arkansas may apply for and renew annually a special license plate under this subchapter.
(b) An applicant for a special license plate under this subchapter shall remit the following fees:
(1) The fee required by law for the registration and licensing of the motor vehicle;
(2) A fee not to exceed twenty-five dollars ($25.00) to cover the design-use contribution by the college or university or the Arkansas School for the Deaf or for fund-raising purposes; and
(3) A handling and administrative fee in the amount of ten dollars ($10.00).
(c) To renew a special license plate issued under this subchapter, the owner of the motor vehicle shall remit to the Department of Finance and Administration the fees stated in subsection (b) of this section.
(d) To replace a special license plate issued under this subchapter:
(1) The owner of the motor vehicle shall remit the fee stated in subdivision (b)(3) of this section if the registration has not expired; or
(2) The owner of the motor vehicle shall remit the fees stated in subsection (b) of this section if the registration has expired.
(e)
(1) The department shall remit the fees collected under subdivision (b)(2) of this section on a monthly basis to the college or university or the Arkansas School for the Deaf depending on the school for which each special license plate was purchased.
(2) The department shall also provide to each participating college or university or the Arkansas School for the Deaf a list of persons who have paid for a special license plate under this subchapter relating to that entity.
(f)
(1) The fee remitted under subdivision (b)(3) of this section shall be deposited into the State Central Services Fund for the benefit of the Revenue Division of the Department of Finance and Administration.
(2) The fee shall be credited as supplemental and in addition to all other funds as may be deposited for the benefit of the division.
(3) The fee shall not be considered or credited to the division as direct revenue.
(g) The registration of a special license plate under this subchapter may:
(1) Continue from year to year as long as it is renewed each year within the time and manner required by law; and
(2) Be renewed as provided under §§ 27-14-1012 and 27-14-1013.
(h) If an owner of a motor vehicle who was previously issued a special license plate under this subchapter fails to pay the fees required in subsection (c) of this section at the time of renewal, then the owner shall be issued a permanent license plate as provided under §§ 27-14-1007 and 27-14-1008.
(i) Upon the expiration of the registration of a special license plate under this subchapter, the owner of the motor vehicle may replace the special license plate with:
(1) A permanent license plate under §§ 27-14-1007 and 27-14-1008;
(2) A personalized license plate;
(3) A different special license plate under this subchapter; or
(4) Any other special license plate that the person is entitled to receive under this chapter.