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Session Laws, 1959
Volume 642, Page 226   View pdf image (33K)
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226                              Laws of Maryland                       [Ch. 177

lateral deposited to secure a defendant's appearance in court, which
forfeiture has not been vacated, upon a charge which upon conviction
of the defendant requires the Department to revoke the license of
such person.

122. Security required following accident unless evidence of in-
surance—Suspension for failure to deposit security.

Within ninety days after the receipt of a report of a motor vehicle
accident within this State which has resulted in bodily injury or
death, or damage to the property of any one person in excess of $75,
the Department shall suspend the license of each operator and all
registrations of each owner of a motor vehicle in any manner in-
volved in such accident, and if such operator is a non-resident the
privilege of operating a motor vehicle within this State, and if such
owner is a non-resident the privilege of the use within this State
of any motor vehicle owned by him, unless such operator or owner
or both shall deposit security in a sum which shall be sufficient in the
judgment of the Department to satisfy any judgment or judgments
for damages resulting from such accident as may be recovered against
such operator or owner, and unless such operator or owner, or both,
shall HAS PREVIOUSLY GIVEN OR SHALL IMMEDIATELY
give and thereafter maintain, for a period of three (3) years, proof
of [his continuing] financial responsibility [in the future]; provided
notice of such suspension shall be sent by the Department to such
operator and owner not less than 10 days prior to the effective date
of such suspension and shall state the amount required as security.

This section shall not apply:

1.    To such operator or owner if such owner had in effect at the
time of such accident an automobile liability policy with respect to
the motor vehicle involved in such accident;

2.    To such operator, if not the owner of such motor vehicle, if
there was in effect at the time of such accident an automobile liabil-
ity policy or bond with respect to his operation of motor vehicles
not owned by him;

3.    To such operator or owner if the liability of such operator or
owner for damages resulting from such accident is, in the judgment of
the Department, covered by any other form of liability insurance
policy or bond; or

No such policy or bond shall be effective under this section unless
issued by an insurance company or surety company authorized to do
business in this State, except that if such motor vehicle was not
registered in this State, or was a motor vehicle which was registered
elsewhere than in this State at the effective date of the policy or
bond, or the most recent renewal thereof, such policy or bond shall
not be effective 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; provided, however, every
such policy or bond is subject, if the accident has resulted in bodily
injury or death, to a limit exclusive of interest and costs, of not less
than $10,000 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

 

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Session Laws, 1959
Volume 642, Page 226   View pdf image (33K)
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