48 LAWS OF MARYLAND [CH. 17

than $5,000. because of injury to or destruction of property
of others in any one accident.

Immediately upon receipt of notice of such accident, the
insurance company or surety company which issued such
policy or bond shall file 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 obtaining a certificate of self-insurance issued by the
Department as provided in Sub-section (b) of this section.

(b) The Department may, in its discretion, upon the ap-
plication of such a person, issue a certificate of self-in-
surance when it is satisfied that such person is possessed
and will continue to be possessed of ability to pay judg-
ments obtained against such person.

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

SEC. 2. And be it further enacted, That this Act shall
take effect June 1, 1954.

Approved March 2, 1954.

CHAPTER 17
(House Bill 10)

AN ACT to repeal and re-enact, with amendments, Sub-
sections (b), (c) and (e) of Section 130 of Article 66 1/2
of the Annotated Code of Maryland (1951 Edition), title
"Motor Vehicles," sub-title "Motor Vehicle Financial
Responsibility," AND TO REPEAL AND RE-ENACT,
WITH AMENDMENTS, SECTION 117 (3) (A) OF

EXPLANATION : Italics indicate new matter added to existing law.
[Brackets] indicate matter stricken from existing law.
CAPITALS indicate amendments to bill.
Strike out indicates matter stricken out of bill.