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Session Laws, 1970
Volume 695, Page 1446   View pdf image
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1446                             Laws of Maryland                       Ch. 534

(1)    That the claimant has complied with all the requirements of
Section 7-606 and is not a person of the character described in sub-
sections (a), (b) and (c) of Section 7-612 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 (l) of Section 7-612;

(3) That a judgment against the owner or operator of the motor
vehicle involved in the accident would be uncollectible; and

(4) If the owner or operator has consented to the settlement,
executed and delivered to the Board a verified statement of his fi-
nancial condition and has undertaken in writing to repay to the
Treasurer the sum to be paid under the settlement, and has executed
a confession of judgment in connection therewith.

(d) Any settlement so made shall be certified by the Board to
the Treasurer, who upon receipt of said undertaking to repay and
confession of judgment, shall make the required payment to claimant
out of the fund.

§ 7-615. Limitation on amounts payable from fund.

(a)    The maximum amounts payable from the fund shall be
fifteen thousand dollars ($15,000.00) exclusive of interest and costs,
on account of injury to, or death of, one person in any one accident;
subject to such limit for any one person so injured or killed, thirty
thousand dollars ($30,000.00), exclusive of interest and costs, on
account of injury to, or death of, more than one person, in any one
accident; and five thousand dollars ($5,000.00), exclusive of interest
and costs, for damages to property in any one accident.

(b)    There shall be deducted from the applicable maximum
amount set forth in subsection (a) of this section or from the amount
of the judgment, whichever is smaller, the total of the following:

(1)    From any judgment for damages to real or personal prop-
erty only, one hundred dollars ($100.00);

(2)    All amounts that the applicant has received or, in the
opinion of the court, is likely to receive from any source, in or
toward payment of the judgment;

(8) All amounts that the applicant has received or, in the
opinion of the court, is likely to receive, in or toward payment of a
judgment or claim against any person against whom the applicant
has or had a cause of action for damages for bodily injury or death
or damage to property, arising out of the same accident;

(4)    All amounts that the applicant has received, or in the
opinion of the court, is likely to receive under any policy affording
indemnity for damage to or destruction of his real or personal prop-
erty including automobiles by reason of collision with an automobile
or object or by upset of the automobile;

(5)    All amounts that the applicant has received, or in the
opinion of the court, is likely to receive under any insurance policy


 

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Session Laws, 1970
Volume 695, Page 1446   View pdf image
 Jump to  
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