(a) The sponsor of a specialty license plate may contract with the private vendor authorized under Subchapter J for the marketing and sale of the specialty license plate.
(b) The fee for issuance of a specialty license plate described by Subsection (a) is the amount established under § 504.851.

Terms Used In Texas Transportation Code 504.6011

  • Contract: A legal written agreement that becomes binding when signed.
  • Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.

(c) Notwithstanding any other law, from each fee received for the issuance of a specialty license plate described by Subsection (a), the department shall:
(1) deduct the administrative costs described by § 504.601(a)(2);
(2) deposit to the credit of the account designated by the law authorizing the specialty license plate the portion of the fee for the sale of the plate that the state would ordinarily receive under the contract described by § 504.851(a); and
(3) pay to the private vendor the remainder of the fee.
(d) A sponsor of a specialty license plate authorized to be issued under this subchapter before November 19, 2009, may reestablish its specialty license plate under Sections 504.601 and 504.702 and be credited its previous deposit with the department if a contract entered into by the sponsor under Subsection (a) terminates.

  Previous section
Next section  
 Subchapter G Contents