1464 LAWS OF MARYLAND [CH. 883
name and/or identifying design to be displayed on such vehicles, by
obtaining a certificate of self-insurance issued by the Department as
provided in Paragraph (2) of this subsection.
[(b)] (2) The Department may, in its discretion, upon the appli-
cation of such a person, issue a certificate of self-insurance when it
is satisfied that such person is possessed and will continue to be
possessed of ability to pay judgments obtained against such person,
PROVIDED THAT TAXICABS NOT OPERATING UNDER PER-
MIT OF THE PUBLIC SERVICE COMMISSION MUST ALSO
COMPLY WITH THE PROVISIONS OF SECTION 133 (E) OF
THIS ARTICLE.
[(c)] (3) Upon not less than five day's notice and a hearing pur-
suant to such notice, the Department may upon reasonable grounds
cancel a certificate of self-insurance. Failure to pay any judgment
within thirty days after such judgment shall have become final shall
constitute a reasonable ground for the cancellation of a certificate of
self-insurance.
134.
(e) When proof of financial responsibility is established under the
provisions of Section 133 of this Article, it shall be deemed sufficient
if the total amount of such proof furnished [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............................ $ 50,000.00
$ 75,000.00
2. For six (6) to ten (10) vehicles............................ $ 60,000.00
$ 90,000.00
3. For eleven (11) to twenty-five (25) vehicles........ $ 70,000.00
$100,000.00
4. For twenty-six (26) to fifty (50) vehicles............ $ 80,000.00
$120,000.00
5. For fifty-one (51) to one hundred (100) vehicles.. $100,000.00
$150,000.00
For over one hundred (over 100) vehicles................ $120,000.00
$180,000.00
133.
(e) (1) For taxicabs not operating under permit of the Public
Service Commission, proof of financial responsibility may be estab-
lished by any corporation, company, association, partnership or
person permitting his, their or its trade name and/or identifying
design to be displayed on such vehicles, by depositing with the Treas-
urer of the State of Maryland money in an amount, or securities
approved by said Treasurer of a market value in a total amount as
required under Section 134 of this Article and shall be subject to all
other provisions of this section that are applicable.
(2) Any person electing to establish proof of financial responsi-
bility in accordance with this subsection (e) shall first file with the
Department an admission of liability for the tortious acts of the
driver or drivers of such vehicle or vehicles displaying the trade
name or identifying design of the company.
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