I. The director may issue a registration certificate and number plates to a new resident who is required to obtain a certificate of title in accordance with N.H. Rev. Stat. Chapter 261 upon payment of the appropriate registration and title fees as provided by N.H. Rev. Stat. § 261:141 and N.H. Rev. Stat. § 261:20 when the vehicle has been previously registered in a foreign state and the title is held by a foreign state lien holder. The registration certificate and number plates shall be valid until such time as they are due for renewal. The registration may be renewed when the requirements of N.H. Rev. Stat. Chapter 261 relative to certificate of title have been met by the new resident.
II. The director may issue a temporary registration certificate and temporary number plates to any applicant for a permanent registration and permanent number plates upon payment of the appropriate registration fee as provided by N.H. Rev. Stat. § 261:141, when a computer system failure, inability to obtain permanent number plates or other emergency would prevent the issuance and recording of permanent registrations and permanent number plates. The temporary registrations and temporary number plates shall be valid for 30 days; provided, however, that the director may extend this period until such time as he is able to issue and record permanent registrations and permanent number plates to replace them.
III. Any registration fee paid shall be transferable credit on a replacement vehicle in accordance with N.H. Rev. Stat. § 261:66.
IV. The director shall adopt rules pursuant to N.H. Rev. Stat. § 260:5 to administer this section.