The Administration may designate a vehicle an overweight low speed vehicle. To qualify as an overweight low speed vehicle, the owner may apply to the Administration and certify that the overweight low speed vehicle meets the federal motor vehicle safety standards for a low speed vehicle except for the weight of the vehicle. The overweight low speed vehicle shall: Weigh in excess of 3,000 GVWR but less than 10,000 GVWR; Meet the provisions of low speed vehicles set forth in this chapter; and Meet any other safety limitations as specified by the Administration, including but not limited to: Geographic limitations on where the vehicles can operate; Periodic safety reporting on vehicle performance; A preregistration equipment review by the Maryland State Police; and A periodic equipment safety review. The number of overweight low speed vehicles that can be owned by a single entity shall be determined by the Administration.