19A NCAC 03C .0430      PLATE CLASSIFICATION: EXCHANGES AND CREDITS

When plates are exchanged, fees due and credits allowed are as follows:

(1)           The full amount of the special mobile equipment fee, four dollars ($4.00) is always allowed as a credit.

(2)           When an annual plate is exchanged for an annual plate, fees and credits are based on a quarter year prorate basis.

(3)           When an annual plate is exchanged for a staggered series plate, fees and credits are based on a monthly prorate basis.  Fees are due for a full 12 months.

(4)           When a staggered series plate is exchanged for an annual plate, credit is prorated monthly and fees are collected on a quarter year basis.

(5)           When a staggered plate is exchanged for a staggered plate, credit allowed and fees due are prorated monthly.

 

History Note:        Authority G.S. 20‑39; 20‑64;

Eff. March 1, 1982;

Amended Eff. December 1, 1994.