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Owners or lessees of motor vehicles who are residents of this state, who are certified members of the national association of realtors, upon complying with state motor vehicle laws relating to registration and licensing of motor vehicles and paying the regular fee applicable to the motor vehicle and the fee provided for in § 55-4-204, shall be issued a Tennessee Association of Realtors new specialty earmarked license plate for a motor vehicle authorized by § 55-4-210(c).
The new specialty earmarked license plates shall contain an appropriate logo and be designed in consultation with the Tennessee Association of Realtors.
The funds produced from the sale of such Tennessee Association of Realtors new specialty earmarked license plates shall be allocated to the Tennessee Real Estate Educational Foundation in accordance with § 55-4-301. The funds shall be used exclusively to promote consumer protection through the education of real estate professionals in Tennessee.
Notwithstanding any provision of part 1 of this chapter to the contrary, motor vehicles that are registered with Tennessee Association of Realtors new specialty earmarked license plates shall be deemed not to be commercial vehicles.
Subject to the requirements of § 55-4-202, the commissioner is authorized to and shall issue a registration plate to an owner or lessee of a motorcycle who is otherwise eligible for a Tennessee Association of Realtors new specialty earmarked license plate; provided, however, that the owner or lessee shall comply with the state motor vehicle laws relating to registration and licensing of motorcycles and shall pay the regular fee applicable to motorcycles and the applicable fee specified in § 55-4-204 prior to the issuance of the plate.
The motorcycle plates authorized by this section shall be substantially the same in design and configuration, allowing for variations due to size restrictions, as the regular motor vehicle registration plates authorized by § 55-4-203(c)(7), as applicable.