(a) SCFL Provisions Applicable. – Except as provided in this section, the provisions set forth in this Article concerning the SCFL shall apply to the RSCFL.

(b) Eligibility; Fees. – Any individual who is 65 years of age or older and who is eligible for a SCFL under N.C. Gen. Stat. § 113-168.2 may apply for either a SCFL or RSCFL. An applicant for a RSCFL shall provide proof of age at the time the application is made. The annual fee for a RSCFL for a resident of this State shall be two hundred dollars ($200.00). The annual fee for a RSCFL for a person who is not a resident of this State shall be two hundred sixty dollars ($260.00). For purposes of this subsection, a “resident of this State” is a person who is a resident within the meaning of:

(1) Sub-subdivisions a. through d. of N.C. Gen. Stat. § 113-130(4) and who filed a State income tax return as a resident of North Carolina for the previous calendar or tax year, or

(2) N.C. Gen. Stat. § 113-130(4)e.

(c) Transfer. – The holder of a RSCFL may transfer the RSCFL as provided in N.C. Gen. Stat. § 113-168.2

(1) If the transferee is less than 65 years of age, the transferee holds a SCFL. When the transferee renews the SCFL, the transferee shall pay the fee set out in N.C. Gen. Stat. § 113-168.2

(2) If the transferee is 65 years of age or older, the transferee may elect to hold either a SCFL or RSCFL. If the transferee elects to hold a SCFL, the transferee shall pay the fee set out in N.C. Gen. Stat. § 113-168.2 If the transferee elects to hold a RSCFL, the transferee shall pay the fee set out in this section.

(d) Assignment. – The RSCFL shall not be assignable. (1997-400, s. 5.1; 1998-225, s. 4.12; 2001-213, s. 2; 2013-360, s. 14.8(c); 2014-100, s. 14.9(c).)