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Session Laws, 1965
Volume 676, Page 751   View pdf image (33K)
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J. MILLARD TAWES, Governor                      751

CHAPTER 540
(Senate Bill 23)

AN ACT to repeal and re-enact, with amendments, Section 161 (c)
of Article 66½ of the Annotated Code of Maryland (1964 Supple-
ment), title "Motor Vehicles," subtitle "Unsatisfied Claim and
Judgment Fund," to enlarge the monetary authority given to the
chief administrative employee of the Unsatisfied Claim and Judg-
ment Fund and one member of the Fund Board to settle claims filed
against the Fund.

Section 1. Be it enacted by the General Assembly of Maryland,
That Section 161 (c) of Article 66½ of the Annotated Code of Mary-
land (1964 Supplement), title "Motor Vehicles," subtitle "Unsatis-
fied Claim and Judgment Fund," be and it is hereby repealed and
re-enacted, with amendments, to read as follows:

161.

(c) An insurer to whom a claim has been assigned may settle
without court approval any claim involving the payment of [two
thousand five hundred dollars ($2,500.00)] five thousand dollars
($5,000.00)
or less with the approval of the chief administrative
employee of the board and any member of the Board if satisfied—

(1)   That the claimant has complied with all the requirements of
Section 154 and is not a person of the character described in sub-
sections (a), (b) and (c) of Section 159 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 subsection (1) of Section 159; and

(3)   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
financial condition and has undertaken in writing to repay to the
Treasurer the sum to be paid under the settlement, and has exe-
cuted a confession of judgment in connection therewith.

Sec. 2. And be it further enacted, That this Act shall take effect
June 1, 1965.

Approved April 8, 1965.

CHAPTER 541
(Senate Bill 29)

AN ACT to repeal and re-enact, with amendments, Section 151 (d)
of Article 66½ of the Annotated Code of Maryland (1964 Supple-
ment), title "Motor Vehicles," subtitle "Unsatisfied Claim and

 

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Session Laws, 1965
Volume 676, Page 751   View pdf image (33K)
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