When the registration of a vehicle takes place between registration periods, the license and registration fees shall be prorated one-twelfth (1/12) of the annual rate for each full month or fraction thereof remaining in the registration period. SOURCE: GC § 23358, enacted by P.L. 1-088 (Nov. 29, 1952); as repealed and reenacted by P.L. 8-105:3 (Feb. 24, 1966). 2025 NOTE: Former title “Same: How Prorated” replaced by the Compiler with “Fees: How Prorated” for clarity.