1568                             Laws of Maryland                       [Ch. 836

(1)   The matters set forth in sub-sections (a), (b), (c), (d), AND
(e), (f) and (g) of Section 145J;

(2)  that the petition is not presented on behalf of an insurer
under circumstances set forth in sub-section (N) (L) of Section 145J;

(S) that he has entered into an agreement with the defendant to
settle all claims set forth in the complaint in said action and the
amount proposed to be paid to him pursuant thereto;

(4)  that said proposed settlement has been consented to by the
board;

(5)  that the defendant has executed and delivered to the board a
verified statement of his financial condition;

(6)  that a judgment against the defendant would be uncollectible;
and

(7)  that the defendant has undertaken in writing to repay to the
treasurer the sum that he would be required to pay under such set-
tlement if approved by the court, and has executed a confession of
judgment in connection therewith.

(b)  If the court be satisfied of the truth of the allegations in said
petition, and of the fairness of such proposed settlement, it may enter
an order approving the same and directing the treasurer, upon receipt
of the undertaking and confession of judgment mentioned in para-
graph (7) of this sub-section, (a) of this section, to make payment to
the plaintiff of the amount agreed to be accepted.

(c)  An insurer to whom a claim has been assigned may settle any
claim involving the payment of less than one thousand dollars
($1,000.00) with the approval of the commissioner and any other
one member of the board, without court approval, if satisfied—

(1)  that the claimant has complied with all the requirements of
section 145E and is not a person of the character described in sub-
sections (a), (b), AND (c), (d) and (e) of Section 145J and that the
owner or operator of the motor vehicle was not at the time of the
accident insured under a policy of automobile liability insurance
under the terms of which the insurer is liable to pay in whole or in
part the amount of the judgment;

(2)  that the settlement is not made on the behalf of an insurer
under circumstances set forth in sub-section (n) (L) of Section 145J;
and

(8)  that a judgment against the owner or operator of the motor
vehicle involved in the accident would be uncollectible; and

(4) if such owner or operator has consented to such settlement,
executed and delivered to the board a verified statement of his finan-
cial condition and has undertaken in writing to repay to the treasurer
the sum to be paid under the settlement, and has executed a confes-
sion of judgment in connection therewith.

(d)  Any settlement so made shall be certified by the board to the
treasurer, who shall, upon receipt of said undertaking to repay and
confession of judgment, make the required payment to claimant out
of the fund.