§ 27-24-1105 - Design and approval procedure. - Arkansas Statutes

27-24-1105. Design and approval procedure.

(a) The board of trustees of a college or university shall submit with its request for a special license plate for its agriculture program a proposed design for the approval of the Director of the Department of Finance and Administration.

(b) The director shall approve one (1) design for an agriculture-related special license plate for each college or university that requests or currently has a special license plate.

(c) (1) If the director approves the request, the director shall determine:

(A) The fee for the cost of initial orders of new designs for special license plates which shall be based on the cost of initial orders of new designs for special license plates;

(B) The number of applications that must be received to cover the cost of the initial orders of new designs for special license plates; or

(C) The combination of subdivisions (c)(1)(A) and (B) of this section that must be received to cover the cost of the initial orders of the new designs for special license plates.

(2) (A) The fee remitted under 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.

(B) The fee shall be credited as supplemental and in addition to all other funds as may be deposited for the benefit of the division.

(C) The fee shall not be considered or credited to the division as direct revenue.

(d) (1) A college or university may submit a newly designed special license plate for approval and issuance by the director not more than one (1) time in each period of five (5) years under this subchapter.

(2) If the director approves a request, then the director shall determine:

(A) The fee for the cost of initial orders of new designs for special license plates which shall be based on the cost of initial orders of new designs for special license plates;

(B) The number of applications that must be received to cover the cost of the initial orders of new designs for special license plates; or

(C) The combination of subdivisions (c)(1)(A) and (B) of this section that must be received to cover the cost of the initial orders of the new designs for special license plates.