Marvin Mandel, Governor                          1427

sibility as required by this subtitle by means of an operator's policy
of insurance, insuring such person while operating any motor vehicle.

(b) When the person required to give proof of financial respon-
sibility is not the owner of a motor vehicle, he may give proof of
financial responsibility as required by this subtitle by means of an
operator's policy of insurance, insuring him in the operation of any
motor vehicle.

§ 7-322. Certificate furnished by nonresident as proof.

A nonresident may give proof of financial responsibility by filing
with the department a written certificate or certificates of an insur-
ance carrier authorized to transact business in the State in which the
vehicle, or vehicles, owned by the nonresident is registered, or in the
State in which the nonresident resides, if he does not own a vehicle,
provided the certificate otherwise conforms with the provisions of
this subtitle, and the department shall accept the same upon condi-
tion that the insurance carrier complies with the following provi-
sions with respect to the policies so certified:

(1)    The insurance carrier shall execute a power of attorney au-
thorizing the commissioner to accept service on its behalf of notice
or process in any action arising out of a motor-vehicle accident in this
State;

(2)    The insurance carrier shall duly adopt a resolution which
shall be binding upon it, declaring that its policies shall be deemed
to be varied to comply with the law of this State relating to the terms
of motor vehicle liability policies issued herein;

(3)    The insurance carrier shall also agree to accept as final and
binding any final judgment of any court of competent jurisdiction in
this State duly rendered in any action arising out of a motor vehicle
accident, when the time provided by law for appealing the judgment
has expired without an appeal having been entered, or where the
judgment has been affirmed on appeal.

§ 7-323. Default by nonresident insurer.

If any foreign insurance carrier which has qualified to furnish
proof of financial responsibility as hereinbefore required defaults in
an undertaking or agreement the department shall not thereafter
accept any certificates of the carrier, whether theretofore filed or
thereafter tendered, as proof of financial responsibility so long as the
default continues.

§ 7-324. "Motor-vehicle liability policy" defined.

(a) A policy of insurance, as that term is used in this subtitle,
when offered as proof of financial responsibility under this subtitle,
means an automobile public liability and property damage policy,
issued by an insurance carrier authorized by the Commissioner of
Insurance of the State of Maryland to transact business in this State.
A copy of the form of the policy shall be filed with the Commis-
sioner of Insurance who shall within 30 days approve or disapprove
of the same. If the Commissioner of Insurance approves the same
within such time or fails to take action for 30 days the form of policy
shall be deemed approved; provided, however that the Insurance