(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 Nashville Predators new specialty earmarked license plate for a motor vehicle authorized by § 55-4-210(c).
(2) The new specialty earmarked license plates shall be designed in consultation with an executive of the Nashville Predators.
(3) In accordance with § 55-4-301, the funds produced from the sale of these new specialty earmarked license plates shall be allocated to the Nashville Predators Foundation to be used in furtherance of the organization's activities in this state.