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Session Laws, 1977
Volume 735, Page 706   View pdf image
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706                                                  LAWS OF MARYLAND                                  Ch. 14 (A)   DEPOSIT OF FEES. THE ADMINISTRATION SHALL MAINTAIN AN ASSURANCE
FUND AND DEPOSIT IN IT THAT PART OF THE FILING FEES
COLLECTED UNDER THIS SUBTITLE THAT IS NOT CREDITED TO
ANY SPECIAL FUNDS UNDER §13-208 OF THIS SUBTITLE. (B)   TRANSFER OF EXCESS SUMS. WHEN THE ASSURANCE FUND REACHES $25,000, ANY MONEY
IN EXCESS OF THAT AMOUNT SHALL BE TRANSFERRED TO AND FORM
PART OF THE GASOLINE AND MOTOR VEHICLE REVENUE ACCOUNT
OF THE TRANSPORTATION TRUST FUND. REVISOR'S NOTE: This section presently appears as
Art. 66 1/2, §3-209 (a) and (b). Subsection (a) of this section is revised to
reflect the fact that only a portion of the
fees — i.e., "that part ... that is not
credited to any special funds under §13—208" —
are to be credited to the Assurance Fund and
not, as presently implied, all of the fees
collected. In subsection (b) of this section, reference
to the "Gasoline and Motor Vehicle Revenue
Account of the Transportation Trust Fund" is
substituted for the present, obsolete
reference to the "Special Motor Vehicle
Revenue Fund". The only other changes are in style. 13-210. CLAIMS FOR DAMAGES. (A)   HOW AND BY WHOM PERMITTED; LIMITATIONS. (1)    IF AN OMISSION OR ERROR IN THE FILING,
RECORDING, OR INDEXING OF A SECURITY INTEREST HAS BEEN
MADE BY AN EMPLOYEE OF THE ADMINISTRATION IN THE COURSE
OF EMPLOYMENT AND, AS A RESULT OF THE OMISSION OR ERROR,
ANY INTERESTED PERSON HAS SUSTAINED LOSS OR DAMAGE, THE
PERSON MAY FILE A CLAIM WITH THE ADMINISTRATION FOR
PAYMENT OF THE LOSS OR DAMAGE OUT OF THE ASSURANCE FUND
MAINTAINED UNDER §13-209 OF THIS SUBTITLE. THE CLAIM FOR
PAYMENT SHALL INCLUDE A REQUEST FOR A HEARING ON THE
MATTER AND SHALL BE MADE IN THE MANNER AND ON THE FORM
THAT THE ADMINISTRATION REQUIRES. (2)   A CLAIM   FOR PAYMENT UNDER THIS SECTION
MAY NOT BE MADE UNLESS IT IS FILED WITH THE
ADMINISTRATION   WITHIN 3   YEARS FROM THE DATE THE CAUSE OF
ACTION AROSE. (B)   DETERMINATION BY ADMINISTRATION.
AFTER NOTICE TO ALL INTERESTED PARTIES AND A HEARING


 
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Session Laws, 1977
Volume 735, Page 706   View pdf image
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