Ch. 292 MARVIN MANDEL, Governor 675
SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall take
effect July 1, 1973.
Approved May 7, 1973.
CHAPTER 292
(House Bill 154)
AN ACT to repeal and re-enact, with amendments, Section 243-I of Article 48A
of the Annotated Code of Maryland (1972 Replacement Volume and 1972
Supplement), title "Insurance Code," subtitle "16A. Maryland Automobile
Insurance Fund," and to repeal and re-enact, with amendments, Section
7-101(c) of Article 66 1/2 of the Code, (1970 Replacement Volume and 1972
Supplement), title "Vehicle Laws," subtitle "Subtitle 7 Required Security," to
raise the maximum amount payable from the Maryland Automobile Insurance
Fund and the minimum security required in a motor vehicle liability insurance
policy written by an insurer authorized to write such a policy in Maryland, and
to clarify the language therein.
SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That Section 243-I of Article 48A of the Annotated Code of
Maryland (1972 Replacement Volume and 1972 Supplement), title "Insurance
Code," subtitle "16A. Maryland Automobile Insurance Fund," be and it is hereby
repealed and re-enacted, with amendments, and that Section 7-101(c) of Article 66
1/2 of the Code (1970 Replacement Volume and 1972 Supplement), title "Vehicle
Laws," subtitle "Subtitle 7 Required Security," be and it is hereby repealed and
re-enacted, with amendments, and all to read as follows:
243-I.
(a) The maximum amounts payable from the Fund for claims filed under
Section 243H shall be [fifteen] TWENTY thousand dollars [($15,000.00)]
($20,000.00) exclusive of interest and costs, on account of injury to, or death of,
one person in any one accident; and subject to such limit for any one person so
injured or killed, [thirty] FORTY thousand dollars [($30,000.00)] ($40,000.00),
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. Where there are
three or more qualified claimants, the court or courts shall order payments on a
pro rata basis.
(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 or portion thereof representing damages to real or
personal property, 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, toward payment of the judgment;
(3) All amounts that the applicant has received, or in the opinion of the
court, is likely to receive, toward payment of a judgment of claim against any
person against whom the applicant has a cause of action for damages for bodily
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