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Session Laws, 1970
Volume 695, Page 1422   View pdf image
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1422                               Laws of Maryland                          Ch. 534

therefrom, sustained by any one person in any one accident, and
subject to that limit for each person, in an amount not less than
$80,000.00 for damages, including damages for care and loss of serv-
ices, because of bodily injury, including death at any time resulting
therefrom, sustained by more than one person in any one accident,
except that for taxicabs not operating under permit of the Public
Service Commission and commercial motor vehicles for hire, the
minimum amount shall be, respectively, in lieu of the amounts above
specified, not less than $25,000.00 and $50,000.00; and in an amount
not less than $5,000.00 because of injury to or destruction of prop-
erty of others in any one accident, except that for taxicabs not
operating under permit of the Public Service Commission and com-
mercial motor vehicles for hire, the minimum amount of proof of
financial responsibility shall be, in lieu of the amount above specified,
not less than $10,000.00.

(b)    Whenever proof of financial responsibility is required of a
person owning 2 or more motor vehicles, the proof shall be for each
motor vehicle in each accident in the amounts specified in sub-
section (a).

(c)    When proof of financial responsibility is established under
section 7-330, it shall be deemed sufficient as to amount if the total
amount of
proof furnished in the form of money or securities de-
posited with the Treasurer of the State of Maryland is as follows:

1.    For 1 to 5 vehicles....................................................    $ 75,000.00

2.    For 6 to 10 vehicles..................................................    $ 90,000.00

3.   For 11 to 25 vehicles ..............................................    $100,000.00

4.   For 26 to 50 vehicles................................................    $120,000.00

5.    For 51 to 100 vehicles.............................................. $150,000.00

6.    For over 100 vehicles ............................................ $180,000.00

§ 7-303. Meaning of "judgment" and "State".

The following words and phrases when used in this subtitle, for
the purpose of this article, have the meanings respectively ascribed
to them in this section.

1.    The term "judgment" means: Any judgment which has be-
come final by expiration without appeal of the time within which
an appeal might have been perfected, or by final affirmation on
appeal, rendered by a court of competent jurisdiction of any State
or of the United States, upon a cause of action arising out of the
ownership, maintenance, or use of any vehicle of a type subject to
registration under the laws of this State, for damages, including
damages for care and loss of services, because of bodily injury to
or death of any person, or for damages in excess of $100 because of
injury to or destruction of property, including the loss of use
thereof, or upon a cause of action on an agreement of settlement for
the damages.

2.    The term "State" means: Any State, Territory, or possession
of the United States, the District of Columbia, the Commonwealth
of Puerto Rico, or any Province of the Dominion of Canada.

§ 7-304. Proof required upon certain convictions.

(a) Whenever the department is required under any law of this
State to revoke the driver's license of any person upon receiving


 

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Session Laws, 1970
Volume 695, Page 1422   View pdf image
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