61-3-468. Collegiate license plates -- continued use with institution's former name authorized. Subject to the limitation set forth in 61-3-332, a person who owns and displays on the person's motor vehicle, collegiate license plates that bear the name of an institution that has been renamed by its governing body or as part of the Montana university system reorganization may continue to display on the vehicle the license plate bearing the former name of the institution as long as the motor vehicle is registered under this chapter.