(a) A motor vehicle owner applying for a special license plate under this subchapter may:
(1) Have a license plate assigned by the Department of Finance and Administration as provided by law; or
(2) Apply for a special personalized prestige license plate pursuant to §§ 27-14-1101 and 27-14-1102.
(b)
(1) A motor vehicle owner who chooses to apply for a special personalized prestige license plate under subdivision (a)(2) of this section shall be required to pay an additional application and renewal fee not to exceed twenty dollars ($20.00).
(2) The use of letters and numbers on a personalized prestige license plate under this section shall be limited by the rules of the Secretary of the Department of Finance and Administration.