Marvin Mandel, Governor                        1425

§ 7-315. Discharge in bankruptcy.

A discharge in bankruptcy or under insolvency proceedings follow-
ing the rendering of the judgment shall not relieve the judgment
debtor from any of the requirements of this subtitle.

§ 7-316. Payment sufficient to satisfy requirements.

(a)    Every judgment herein referred to shall for the purposes
of this subtitle be deemed satisfied:

(1)    When $15,000.00 has been credited upon any judgment
rendered in excess of that amount for bodily injury to or the death
of one person as the result of any one accident; or

(2)    When subject to the limit of $15,000.00 as to one person, the
sum of $30,000.00 has been credited upon any judgment or judg-
ments rendered in excess of that amount for injury to or the death
of more than one person as the result of any one accident; or

(3)    When $5,000.00 has been credited upon any judgment or
judgments rendered in excess of that amount for damage to prop-
erty of others as a result of any one accident.

(b)    Credit for such amounts shall be deemed a satisfaction of
the judgment or judgments in excess of these amounts only for the
purpose of this subtitle.

(c)    Whenever payment has been made in settlement of any
claim for bodily injury, death, or property damage arising from a
motor vehicle accident resulting in injury, death or property damage
to two or more persons in an accident, the payment shall be credited
in reduction of the amounts provided for in this section.

§ 7-317. Installment payment of judgments—default.

(a)    The department shall not suspend a license or registration
of a motor vehicle and shall restore any license or registration sus-
pended because of nonpayment of a final judgment when the judg-
ment debtor gives proof of financial responsibility in future and
obtains an order from the trial court in which the judgment was
rendered, permitting the payment of the judgment in installments
and while the payment of the installment is not in default.

(b)    A judgment debtor upon 5 days' notice to the judgment
creditor may apply to the trial court in which the judgment was
obtained for the privilege of paying the judgment in installments
and the court in its discretion, and without prejudice to any other
legal remedies which the judgment creditor may have, may so order,
fixing the amounts and time of payments of the installments.

§ 7-318. Action if breach of agreement.

In the event the judgment debtor fails to pay any installment as
specified by the order, upon notice of the default, the department shall
forthwith suspend the license, registration or nonresident's operating
privilege of the judgment debtor until the judgment is satisfied, as
provided in this subtitle.

§ 7-319. Proof to be furnished for each registered vehicle.

No vehicle shall be or continue to be registered in the name of any
person required to file proof of financial responsibility for the future
unless the proof shall be furnished for the vehicle.