254                               LAWS OF MARYLAND                         [CH. 81

122.

With 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
involved in such accident, and if such operator is a nonresident the
privilege of operating a motor vehicle within this State, and if
such owner is a nonresident 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 judg-
ments for damages resulting from such accident as may be recovered
against such operator or owner, and unless such operator or owner,
or both, has previously given or shall immediately give and there-
after maintain, for a period of three (3) years, proof of financial
responsibility; 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 liability
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 interests and costs, of not
less than [$10,000] $15,000 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 not less than [$20,000] $30,000 because of
bodily injury to or death of two or more persons in any one accident,
and, if the accident has resulted in injury to or destruction of
property, to a limit of not less 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