A. Registration plates acquired by any person, for any vehicle owned by that person, may be transferred to a newly acquired vehicle provided:
(1) Except as provided in Transportation Article, §13-503.1(b)(5), Annotated Code of Maryland, the ownership of the newly acquired vehicle has not changed from the name in which the plates are currently issued;
(2) The vehicle classification of the newly acquired vehicle is identical to the classification of the vehicle to which the plates are currently issued; and
(3) The registration and transfer fee as set forth in COMAR 11.11.05.04 is paid in full.
B. If registration plates are transferred and less than 12 months remain in the registration year, the Administration may renew the registration plates for 1 year in addition to the period remaining on the original registration term.
C. Substitute registration plates may be issued for unrecovered plates on an unrecovered stolen vehicle, provided the Administration has a record of the stolen vehicle. The substitute plates may then be transferred pursuant to this regulation.