A person who owns a motor vehicle that is at least twenty-five years old but that is not eligible for registration under section 39-04-10.4 may register that motor vehicle as a collector’s motor vehicle. The motor vehicle is eligible for collector’s registration if it is owned and operated solely as a collector’s item and if the owner owns another motor vehicle the owner uses for general transportation. A motor vehicle qualifies as a collector’s item under this section only if it     is operated on public streets and highways for the purpose of driving the vehicle to and from active entry and participation in parades, car shows, car rallies, other public gatherings held for the purpose of displaying or selling the vehicle, and to and from service or storage facilities. An applicant for registration of a vehicle as a collector’s motor vehicle shall file an affidavit with the director that states the owner’s name and address, the make, year, and the manufacturer’s identification number of the motor vehicle, and a statement that the motor vehicle is owned and operated solely as a collector’s item and not for general transportation purposes. If the director is satisfied that the affidavit is true and correct, the director shall register the motor vehicle as a collector’s motor vehicle on the payment of a registration fee of sixty dollars. The registration is valid as long as the collector’s motor vehicle is owned by the person who applied for the registration under this section. The director shall design and issue distinctive number plates for collector’s motor vehicles registered under this section. In lieu of the distinctive number plates, the owner of the motor vehicle, at the discretion of the director, may display on the motor vehicle number plates from the year in which the motor vehicle was manufactured. The number plates from the year of manufacture may not be used in lieu of distinctive number plates when it would create a duplication of a number in the recordkeeping system of the department. Number plates from the year of manufacture must be legible and must be restored to the satisfaction of the department. A person violating this section or a department rule regarding this section forfeits the right to the registration provided in this section and any registration fees that have been paid.