A motor vehicle owner applying for a special license plate under this subchapter may:
(1) Have a license plate assigned by the Department of Finance and Administration as provided by law; or
(2) Apply for a special personalized prestige license plate pursuant to §§ 27-14-1101 and 27-14-1102.
(3) However, the use of letters and numbers on a personalized prestige license plate shall be limited to the rules of the Secretary of the Department of Finance and Administration.