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Session Laws, 1970
Volume 695, Page 1454   View pdf image
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1454                               Laws of Maryland                         Ch. 534

the fund, and shall be held by the Treasurer in trust for the carrying
out of the purpose of this subtitle and for the payment of the cost of
administering this subtitle. However, to expedite the payment of
claims, the Manager of the Fund may issue any draft or check in the
payment of claims and court costs direct to the payee and his attor-
ney, if he has an attorney, from a revolving fund established for the
purpose. Said funds may be invested and reinvested in the same
manner as other State funds and shall be disbursed according to the
order of the Treasurer, as custodian of the fund, or in the case of
Court ordered payments, settlements and court costs by the Manager
of the Fund, who shall notify the Treasurer of payments made.

§ 7-631. Reimbursement of general State fund.

The Treasurer, on or before the thirtieth day of June in each
year in which this part has been operative, shall determine what
amount, if any, shall be paid into the general State fund in repay-
ment, in whole or in part, of the costs paid or incurred by the
general State fund for administering this part during the current
fiscal year and this amount shall be transferred from the fund to
the general State fund of the treasury accordingly.

§ 7-632. Regulations as to proof of motor vehicle insurance; can-
cellation or termination notice; filing proof with registra-
tion applications; penalties.

(a)    The Board by rule or regulation may require that all persons
with insured motor vehicles submit proof of such insurance on forms
designated by the Board. The Board also may require the use of
and designate other forms as necessary to show cancellations or
terminations of insurance, reinstatement of insurance and any other
information required by the Board to effectuate the purposes of this
part. On any cancellation or termination notice sent to the Board, it
shall require that the insurer indicate thereon that the cancellation
or termination is for one of the following reasons: a. Non-payment
of premium; b. Underwriting reasons; c. Expiration or non-renewal
of policy; d. Termination at insured's personal request; e. Termina-
tion at request of one authorized to act for insured. If termination
or cancellation is for some reason other than those reasons enumer-
ated, the notice shall so indicate, and describe the reason. A copy of
any cancellation notice shall be sent to the insured at the same time
the notice is sent to the Board. The Board also shall prescribe the
manner of filing the forms and the persons who may file them.

(b)    In its discretion, the Board in lieu of requiring the filing of
proof of insurance by forms as provided in subsection (a), may re-
quire the inclusion of the information contained on the forms as a
part of the applications for annual motor vehicle registrations.

(c)    As used in subsection (a) above, the word "person" includes
natural persons, copartnerships, associations, corporations, and
governmental bodies. The words "insured motor vehicles" mean a
motor vehicle as to which there is in force a liability policy meeting
the requirements of Section 7-204 of this article, or a motor vehicle
which is owned by the holder of a certificate of self-insurance issued
under section 7-503.

(d)    The Board shall include in any rules and regulations adopted
under subsection (a) above penalties for violations of the rules and
regulations so adopted. The penalties shall not exceed those provided
in Section 7-634.


 

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Session Laws, 1970
Volume 695, Page 1454   View pdf image
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