(a) All applications for special license plates issued under this subchapter must contain the following information:
(1) The number of vehicles to which the plate is to be attached; and
(2) The vehicle identification number and the vehicle's regular license plate number issued by the Department of Finance and Administration for each vehicle to which a special license plate is to be attached.
(b) A special license plate issued under this subchapter shall be issued only for a vehicle that is currently and properly registered and licensed in Arkansas.
(c)
(1) A special license plate issued under this subchapter may be transferred to another vehicle if the vehicle is properly registered and licensed in Arkansas and the Speaker of the House of Representatives or the President Pro Tempore of the Senate is notified of the transfer.
(2) The notice of transfer shall designate the vehicle to which the plate is to be transferred and the vehicle from which the plate is being transferred, identifying both vehicles by their respective vehicle identification numbers and regular license plate numbers issued by the department.
(d) The Speaker of the House of Representatives or the President Pro Tempore of the Senate shall:
(1) Notify the department of all special license plate transfers; and
(2) Provide the requisite vehicle information specified in subsection (a) of this section.