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Session Laws, 1954
Volume 604, Page 49   View pdf image (33K)
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THEODORE R. MCKELDIN, GOVERNOR 49

SAID ARTICLE AND SUB-TITLE, increasing the
amount of proof of financial responsibility required under
the financial responsibility Act to conform to changes
made by Chapter 582 of the Acts of 1953 and also in-
creasing fleet requirements in the approximate ratio of
the changes in the said Act of 1953.

WHEREAS, by Chapter 582 of the Acts of 1953, an amend-
ment was made to Section 119 of Article 66 1/2 of the Code
to increase the so-called "5,000-10,000-1,000" insurance
requirements to a formula of 10,000-20,000-5,000; and

WHEREAS, the provisions of Section 130 AND SECTION
117 (3) (A) of Article 66 1/2 of the Code should be amended
in order to conform to these changes already made in 1953;
now therefore

SECTION 1. Be it enacted by the General Assembly of
Maryland, That Sub-sections (b), (c), and (e) of Section
130 of Article 66i/2 of the Annotated Code of Maryland
(1951 Edition), title "Motor Vehicles," sub-title "Motor
Vehicle Financial Responsibility," AND THAT SECTION
117 (3) (A) OF SAID ARTICLE AND SUB-TITLE be
and they are hereby repealed and re-enacted, with amend-
ments, to read as follows:

117.

(3) (A) EVERY JUDGMENT HEREIN REFERRED
TO SHALL FOR THE PURPOSES OF THIS ARTICLE
BE DEEMED SATISFIED:

(1) WHEN TEN THOUSAND DOLLARS ($10,000.00)
HAS BEEN CREDITED UPON ANY JUDGMENT REN-
DERED IN EXCESS OF THAT AMOUNT FOR BODILY
INJURY TO OR THE DEATH OF ONE PERSON AS
THE RESULT OF ANY ONE ACCIDENT; OR

(2) WHEN SUBJECT TO SAID LIMIT OF $10,000.00
AS TO ONE PERSON, THE SUM OF $20,000.00 HAS
BEEN CREDITED UPON ANY JUDGMENT OR JUDG-
MENTS RENDERED IN EXCESS OF THAT AMOUNT
FOR INJURY TO OR THE DEATH OF MORE THAN
ONE PERSON AS THE RESULT OF ANY ONE ACCI-
DENT; OR

(3) WHEN $5,000.00 HAS BEEN CREDITED UPON
ANY JUDGMENT OR JUDGMENTS RENDERED IN
EXCESS OF THAT AMOUNT FOR DAMAGE TO
PROPERTY OF OTHERS AS A RESULT OF ANY ONE
ACCIDENT.


 

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Session Laws, 1954
Volume 604, Page 49   View pdf image (33K)
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