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Session Laws, 1954
Volume 604, Page 50   View pdf image (33K)
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50 LAWS OF MARYLAND [CH. 17

(B) CREDIT FOR SUCH AMOUNTS SHALL BE
DEEMED A SATISFACTION OF ANY SUCH JUDG-
MENT OR JUDGMENTS IN EXCESS OF SAID
AMOUNTS ONLY FOR THE PURPOSE OF THIS
ARTICLE.

(C) WHENEVER PAYMENT HAS BEEN MADE IN
SETTLEMENT OF ANY CLAIM FOR BODILY INJURY,
DEATH, OR PROPERTY DAMAGE ARISING FROM A
MOTOR VEHICLE ACCIDENT RESULTING IN IN-
JURY, DEATH OR PROPERTY DAMAGE TO TWO OR
MORE PERSONS IN SUCH ACCIDENT, ANY SUCH
PAYMENT SHALL BE CREDITED IN REDUCTION
OF THE AMOUNTS PROVIDED FOR IN THIS SEC-
TION.

130.

(b) (Injury to or Death of Persons.) Proof shall be
provided in an amount not,less than [Five Thousand
($5,000.00)] Ten Thousand ($10,000.00) Dollars for dam-
ages, including damages for care and loss of services, be-
cause of bodily injury, including death at any time re-
sulting therefrom, sustained by any one person in any one
accident, and subject to that limit for each person, in an
amount not less than [Ten Thousand ($10,000.00)] Twenty
Thousand ($20,000.00) Dollars for damages, including
damages for care and loss of services, because of bodily
injury, including death at any time resulting therefrom,
sustained by more than one person in any one accident.

(c) (Injury to or Destruction of Property) Proof
shall be provided in an amount not less than [One Thou-
sand ($1,000.00)] Five Thousand ($5,000.00) Dollars
because of injury to or destruction of property of others in
any one accident.

(e) When proof of financial responsibility is established
under the provisions of Section 129 of this Article, it shall
be deemed sufficient if the total amount of such proof fur-
nished by the owner of one or more motor vehicles in the
form of money or securities deposited with the Treasurer
of the State of Maryland is as follows:

1. For one (1) to five (5)

vehicles ..........................[$25,000.00] $50,000.00

2. For six (6) to ten (10)

vehicles ..........................[$30,000.00] $60,000.00

3. For eleven (11) to twenty-five (25)

vehicles ..........................[$35,000.00] $70,000.00


 

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Session Laws, 1954
Volume 604, Page 50   View pdf image (33K)
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