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Session Laws, 1975
Volume 716, Page 2048   View pdf image
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2048

LAWS OF MARYLAND

[Ch. 312

[3-204.

(b)    The assignee shall deliver to the State Motor
Vehicle Administration the certificate of title if
available and an assignment by the secured party named in
the certificate of title in the form the State Motor
Vehicle Administration may prescribe accompanied by such
filing fee as may be required for perfection of the
security interest under § 3—202 (b) of this article. The
State Motor Vehicle Administration shall credit the
required portion of said fee to the Comptroller of the
Treasury as hereinbefore provided in § 3—202 (b) . The
assignee's security interest shall be perfected as of the
time of its creation if delivery and payment to the State
Motor Vehicle Administration are completed within 10 days
of the date of its creation, otherwise perfection shall
be as of the time of its delivery and payment. Provided,
however, that if assignee's security interest is one for
which a recordation tax would be due under § 277 of
Article 81 if recorded with the clerks of the circuit
courts of the respective counties, or the clerk of the
Superior Court of Baltimore City, then the assignee's
security interests shall not be perfected until said
recordation tax is paid to the clerk of the court in and
for the jurisdiction in the place of residence of the
owner of the vehicle. A receipted bill or other evidence
of the payment of said recordation tax shall be delivered
to the State Motor Vehicle Administration by the secured
party within thirty (30) days after delivery to the State
Motor Vehicle Administration of the existing certificate
of title, if available, and an assignment by the secured
party named in the certificate of title.]

[3-209.

(c)    Any person sustaining loss or damage through
an omission, mistake, or error of any employee of the
Department in the execution of his duties and who by the
operation of that act is barred from maintaining an
action against any other person for the recovery of his
loss or damage, may bring an action for damages against
the Department. No action for damages under this
section shall be brought against the Department unless it
is brought within three (3) years from the date the cause
of action arose.]

SECTION 2. AND BE IT FURTHER ENACTED, That new
Sections 3-202(b), 3-203(b) , 3-204(b) and 3-209 (c) be and
they are hereby added to Article 66 1/2 — Vehicle Laws,
of the Annotated Code of Maryland (1970 Replacement
Volume and 1974 Supplement) to read as follows:

Article 66 1/2 - Vehicle Laws

 

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Session Laws, 1975
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