(1) An owner or lessee of a motor vehicle who is a resident of this state, upon complying with state motor vehicle laws relating to registration and licensing of motor vehicles, and paying the regular fee applicable to the motor vehicle and the fee provided for in § 55-4-204, shall be issued a fish and wildlife species new specialty earmarked license plate for a motor vehicle authorized by § 55-4-210(c).
(2) The funds derived from the sale of the fish and wildlife species new specialty earmarked license plates, less the expense the state has incurred in designing and manufacturing the plates, shall be deposited in the wildlife resources fund established in § 70-1-401, to be used exclusively for management, protection, propagation and conservation of fish and wildlife species and the protection and enhancement of the species' habitats.
(3) The new specialty earmarked plates provided for in this section shall be designed in consultation with the executive director of the Tennessee wildlife resources agency, the director of the department's taxpayer and vehicle services division and the commissioner.