1290                               Laws of Maryland                          Ch. 530

SURETY BOND IN SUCH FORM AS THE DEPARTMENT
SHALL APPROVE IN THE SUM OF ONE HUNDRED THOU-
SAND DOLLARS, ($100,000) FOR THE USE AND BENEFIT
OF THE DEPARTMENT AND THE PUBLIC WHO MAY SUF-
FER OR SUSTAIN ANY LOSS BY REASON OF THE BREACH
OF ANY EXPRESS OR IMPLIED WARRANTY IN THE SALE
OF SUCH A CLASS A MOTOR VEHICLE BY A DEALER. IN
ADDITION, EVERY MANUFACTURER SHALL BE JOINTLY
AND SEVERALLY LIABLE, WITH THE DEALER, TO THE
PURCHASER OF A CLASS A MOTOR VEHICLE, AS DEFINED
HEREIN, FOR THE BREACH OF ANY EXPRESS OR IMPLIED
WARRANTY IN THE SALE OF SUCH CLASS A MOTOR
VEHICLE.

61.

(a) (1) (vi) Each applicant for a license as a dealer, used car

dealer, motorcycle dealer, and trailer dealer, upon notification by the
Department of approval of the application, files with the Depart-
ment acceptable evidence of a surety bond in such form as the
Department shall approve [in the sum of five thousand dollars

($5,000)]. Such bond shall be commensurate with 5% of the gross

annual sales but in no event shall such bond be an amount less than

fifteen thousand dollars ($15,000) nor more than fifty thousand

dollars ($50,000) for the use and benefit of the Department and the

public who may suffer or sustain any loss by reason of any viola-

tion of [Sections 29, 46, 47, 49, 61, 62, or 63] any provision of this
subtitle and Section 176B of this article by a dealer, used car dealer,

motorcycle dealer and trailer dealer, under this article who fails to

file acceptable evidence that the bond required herein has been ex-

tended prior to the date of expiration of the bond shall be auto-

matically suspended and the Department shall immediately notify

him of the suspension except in the case of boat trailer dealers and

those trailer dealers dealing exclusively in trailers fifteen (15) feet

or less in length. Such dealers shall file with the Department accept-
able evidence of a surety bond in such form as the Department shall
approve in the sum of one thousand dollars ($1,000) for the use

and benefit of the Department and the public who may suffer or

sustain any less by reason of a violation of Sections 29, 46, 47,

49, 61, 62, or 63] any provision of this subtitle and Section 176B

of this article by a boat trailer dealer or trailer dealer dealing ex-

clusively in trailers fifteen (15) feet or less in length, and the license

of any boat trailer dealer or trailer dealer dealing exclusively in

trailers fifteen (15) feet or less in length under this article who

fails to file acceptable evidence that the bond required herein has
been extended prior to the date of expiration of the bond shall be
automatically suspended and the Department shall immediately

notify him of suspension [;] . Every such dealer, used car dealer,

motorcycle dealer, and trailer dealer, licensed under this article

shall report annually on forms and in a manner prescribed by the
Department the total gross sales for the calendar year preceding
the license renewal period.

(A) (1) FROM AND AFTER JANUARY 1, 1966, LICENSES
FOR DEALERS SHALL BE ISSUABLE ONLY TO DEALERS
AS THAT TERM IS DEFINED IN THIS ARTICLE. LICENSES
FOR USED CAR DEALERS SHALL BE ISSUABLE ONLY TO
USED CAR DEALERS AS THAT TERM IS DEFINED IN THIS