442 LAWS OF MARYLAND. [CH. 456

vehicle which was registered elsewhere than in this State at
the effective date of the policy or bond, or the most re-
cent renewal thereof, such policy or bond shall not be effec-
tive under this section unless the insurance company or surety
company if not authorized to do business in this State shall
execute a power of attorney authorizing the Department to
accept service on its behalf of notice or process in any action
upon such policy or bond arising out of such accident; pro-
vided, however, every such policy or bond is subject, if the
accident has resulted in bodily injury or death, to a limit, ex-
clusive of interest and costs, of not less than $5, 000. because
of bodily injury to or death of one person in any one accident
and, subject to said limit for one person, to a limit of not less
than $10, 000. because of bodily injury to or death of two or
more persons in any one accident, and, if the accident has
resulted in injury to or destruction of property, to a limit of
not less than $1, 000. because of injury to or destruction of
property of others in any one accident.

Upon receipt of notice of such accident, the insurance com-
pany or surety company which issued such policy or bond shall
furnish for filing with the Department a written notice that
such policy or bond was in effect at the time of such accident.

4. To any person qualifying as a self-insurer as follows:

(a) Any person in whose name more than twenty-five motor
vehicles are registered may qualify as a self-insurer by ob-
taining a certificate of self-insurance issued by the Depart-
ment as provided in Sub-section (b) of this section.

(b) The Department may, in its discretion, upon the appli-
cation of such a person, issue a certificate of self-insurance
when it is satisfied that such person is possessed and will con-
tinue to be possessed of ability to pay judgments obtained
against such person.

(c) Upon not less than five days' notice and a hearing: pur-
suant to such, notice, the Department may upon reasonable
grounds cancel a certificate of self-insurance. Failure to
pay any judgment within thirty days after such judgment
shall have become final shall constitute a reasonable ground
for the cancellation of a certificate of self-insurance.

HOC. (Exceptions to Requirement of Security. ) The re-
quirements as to security and suspension in Section HOB shall
not apply:

1. To the operator or the owner of a motor vehicle involved
in an accident wherein no injury or damage was caused to the
person or property of any one other than such operator or
owner.

2. To the operator or the owner of a motor vehicle legally
parked at the time of the accident.