(a) Special registration plates issued to a financial institution under § 13-623 of this title are Class 3 (finance company) registration plates.
(b) For Class 3 (finance company) registration plates, the annual registration fee for each registration plate issued to the applicant shall be established by the Administration.
(c) A Class 3 (finance company) registration plate may be used only on vehicles repossessed by or on behalf of the financial institution, and only as permitted by § 13-623 of this title.
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