Maryland · Maryland Code — Transportation Article
Md. Code, Transp. § 13-944: (a) Special registration plates issued to a financial institution under § 13- 623 of this title are Class 3 (finance company) registration plates
What this law says, in plain English
Financial institutions may obtain Class 3 registration plates for repossessed vehicles. The Administration sets annual fees, and plates may only be used on vehicles repossessed by or for the institution.
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