The purpose of this chapter is to establish regulations to govern the issuance of titles and multiyear registrations for fleet vehicles. In this chapter, the following terms have the meanings indicated. Terms Defined. “Administration” means the Motor Vehicle Administration. “Administrator” means the Administrator of the Motor Vehicle Administration. “Fleet” means 10 or more vehicles. “Multiyear registration period” means a period of up to 4 years. “Owner” means a person, or persons, in whose name, or names, a vehicle is properly registered. The owner of fleet vehicles may apply electronically for a Maryland title. All paperwork and fees shall be submitted to the Administration within 5 days of submission of the electronic title application. The Administration may suspend the fleet registration privileges of any owner who does not submit the paperwork and fees within 5 days from submission of the electronic title application. A temporary authorization certificate may be obtained for a fleet vehicle upon receipt of an electronic application for title. A temporary authorization certificate issued under this regulation is: Not transferable; and Not subject to a fee. Fleet vehicles are eligible for a multiyear registration period. Except as provided in §§A(2) and (3) of this regulation, the owner of a fleet vehicle may renew a fleet vehicle registration for a period of 2, 3 or 4 years. The following classes of fleet vehicle registrations may be renewed for a period of 1, 2, or 3 years: Class E, trucks with a gross vehicle weight of 10,000 pounds to 54,000 pounds; and Class F, tractors with a gross vehicle weight of up to 54,000 pounds. The following classes of fleet vehicle registrations shall be renewed annually: Class E, trucks with a gross vehicle weight of 55,000 pounds or more; Class F, tractors with a gross vehicle weight of 55,000 pounds or more; Class J, van pool; Class P, passenger buses; and Class T, tow trucks. The annual registration fees are as set forth in Transportation Article, Title 13, Annotated Code of Maryland. Whenever a prorated fee is assessed, the amount shall be calculated by dividing the annual registration fee by the number of months for which the issuance or renewal is made. If a vehicle issued a multiyear fleet registration is sold or traded: The registration plates shall be: Removed from the vehicle and returned to the Administration for cancellation; or Transferred to another vehicle as provided in Transportation Article, §13-502.1, Annotated Code of Maryland. A refund shall be issued as provided in Transportation Article, §13-413, Annotated Code of Maryland. The owner shall immediately notify the Administration, in writing, when any multiyear registration plates are lost or stolen. When multiyear registration plates become damaged, mutilated, or illegible, the owner shall: Return the plates to the Administration; Make application for substitute plates; and Pay the required fee as set forth in COMAR 11.11.05. Transportation Article, §§12-104, 13-405, 13-413, and 13-502.1, Annotated Code of Maryland Effective date: July 21, 1976 (3:15 Md. R. 791) Regulation .01, Multi-Year Registration for Trailers and Semitrailers, repealed and Regulations .01—.05, Multiyear Registration for Fleet Vehicles, adopted effective February 13, 1995 (22:3 Md. R. 155) Regulations .01—.05, Multiyear Registration for Fleet Vehicles repealed and new Regulations .01—.06, Titling and Multiyear Registration for Fleet Vehicles, adopted effective October 15, 2012 (39:20 Md. R. 1307)