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Ch. 14
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802
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LAWS OF MARYLAND
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(1) THE FEE FOR REGISTRATION UNDER THIS
SECTION SHALL BE PAID TO THE ADMINISTRATION, AT THE
ELECTION OF THE APPLICANT, EITHER:
(I) AT THE TIME OF REGISTRATION, FOR THE FULL
REGISTRATION PERIOD; OR
(II) ANNUALLY, ON A PRORATED FEE BASIS.
(2) THE FEE FOR THE FULL REGISTRATION PERIOD
FOR EACH VEHICLE IS THE REGULAR ANNUAL FEE REQUIRED FOR
THE VEHICLE UNDER §13-926 §13-927 OF THIS SUBTITLE,
MULTIPLIED BY THE NUMBER OF YEARS IN THE REGISTRATION
PERIOD.
(E) SURETY BOND FOR PRORATED FEE PAYMENTS.
IF THE APPLICATION IS MADE ON A PRORATED ANNUAL
FEE BASIS, THE APPLICANT SHALL SUBMIT WITH THE
APPLICATION ACCEPTABLE EVIDENCE OF A SURETY BOND THAT IS:
(1) IN A FORM AND WITH A SURETY APPROVED BY
THE ADMINISTRATION; AND
(2) IN AN AMOUNT EQUAL TO THE TOTAL ANNUAL
FEES REQUIRED FOR ALL VEHICLES REGISTERED TO THE
APPLICANT UNDER THIS SECTION.
REVISOR'S NOTE: This section is new language derived
without substantive change from Art. 66 1/2,
§3-608.
In subsection (a) of this section, the present
reference to an application "on a form ...
prescribed by the Administrator" is deleted as
unnecessary in light of the provisions of
§12—105 of this article to the same effect.
In subsection (c) of this section, the present
reference to "an annual renewal application"
is deleted as obsolete; renewals are not
necessarily on an annual basis, even if the
fee is paid on an annual prorated basis.
Subsection (c) of this section is revised to
clarify that the registration may be for any
period of up to 8 years "as the Administration
determines". Similarly, subsection (d) is
revised to clarify that it is the applicant —
not the Administration - who makes the
election as to payment of the registration fee
in full, at the time of registration, or
annually.
Present Art. 66 1/2, §3-608(e), which
authorizes the Administrator to adopt rules
and regulations for this section, is deleted
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