CHAPTER 294
FORMERLY
HOUSE BILL NO. 515
AN ACT TO AMEND CHAPTER 21, TITLE 21, DELAWARE CODE, RELATING TO THE ISSUANCE OF FIVE YEAR REGISTRATION PLATES ON CERTAIN TRAILERS.
Be it enacted by the General Assembly of the State of Delaware:
Section 1. Amend Chapter 21, Title 21, Delaware Code by adding thereto a new section to be designated as §2160 to read as follows:
"§2160. Optional five year registration plates for trailers.
(a) The owner of a fleet of trailers, meeting the requirements specified under §2143(c) of this Title, may elect to register such trailers for a five (5) year period, by making application to the Department in accordance with the provisions of this Section.
() The application shall be made on a form and contain information as prescribed by the Secretary. Upon payment of the required fees and upon meeting other requirements prescribed by the Secretary, there shall be issued, to each vehicle for which application has been made, a registration plate and validation sticker which shall be valid for five (5) years, provided that all requirements of this Section are complied with.
(a) At the time application for registration or renewal of registration is made under the provisions of this Section, the applicant shall pay all fees required under this Title for the first year of the five (5) year plate. The applicant shall submit acceptable evidence of surety bond in a form and with a surety approved by the Secretary and in an amount equal to the total registration fees required for all vehicles registered pursuant to this Section to this section to the applicant for the remaining four (4) years.
(d) The owner is required to pay all registration renewal fees for the vehicle registered pursuant to this Section on an annual basis prior to the expiration date of such registration.
(e) The Secretary may adopt rules and regulations necessary for the administration and enforcement of the provisions of this Section."
Section 2. This Act shall take effect 90 days after it enacted into law.