(a)
(1) Any person who is the owner of a historic or special interest vehicle that is twenty-five (25) years of age or older at the time of making application for registration or transfer of title may, upon application, register it as a historic or special interest vehicle, upon the payment of a fee of seven dollars ($7.00) for each vehicle, and be furnished a license plate of distinctive design to be displayed on each vehicle in lieu of the usual license plate.
(2) This plate shall have the same legal significance as an ordinary license plate.
(3) In addition to the identification number, this plate shall identify the vehicle as a historic or antique vehicle owned by an Arkansas collector.
(4) The registration shall be valid while the vehicle is owned by the applicant without the payment of any additional fee, tax, or license.
(b)
(1) The numbering of these plates shall continue chronologically from the existing antique automobile registration lists, using the current design and emblem.
(2) Application for these plates shall be made to the Office of Motor Vehicle on special application forms prescribed by the Commissioner of Motor Vehicles.
(c) Upon selling or otherwise relinquishing ownership of a historic or special interest vehicle, a collector may retain possession of the vehicle plate and transfer its registration to another vehicle of the same category in his or her possession, upon payment of one-half (1/2) the fee prescribed in subsection (a) of this section.
(d)
(1) A vehicle manufactured as a reproduction or facsimile of a historic or special interest vehicle shall not be eligible for registration under this section unless it has been in existence for twenty-five (25) years or more.
(2) The age shall be calculated from the date the vehicle was originally assembled as a facsimile.
(e) Collectors who, on July 8, 1975, have vehicles licensed as antiques under current statutes shall not be required to register these vehicles or obtain new license plates for these vehicles.
(f) Beginning on January 1, 2006, each collector applying for a license plate under this subchapter shall own and have registered one (1) or more motor vehicles that he or she uses for regular transportation.
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