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959
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MARVIN MANDEL, Governor
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THIS SUBSECTION, THE FORM OF SECURITY REQUIRED UNDER THIS
SUBTITLE IS A VEHICLE LIABILITY INSURANCE POLICY WRITTEN
BY AN INSURER AUTHORIZED TO WRITE THESE POLICIES IN THIS
STATE.
(2) THE ADMINISTRATION MAY ACCEPT ANOTHER
FORM OF SECURITY IN PLACE OF A VEHICLE LIABILITY
INSURANCE POLICY IF IT FINDS THAT THE OTHER FORM OF
SECURITY ADEQUATELY PROVIDES THE BENEFITS REQUIRED BY
SUBSECTION (B) OF THIS SECTION.
(B) REQUIRED MINIMUM BENEFITS.
THE SECURITY REQUIRED UNDER THIS SUBTITLE SHALL
PROVIDE FOR AT LEAST:
(1) THE PAYMENT OF CLAIMS FOR BODILY INJURY
OR DEATH ARISING FROM AN ACCIDENT OF UP TO $20,000 FOR
ANY ONE PERSON AND UP TO $40,000 FOR ANY TWO OR MORE
PERSONS, IN ADDITION TO INTEREST AND COSTS;
(2) THE PAYMENT OF CLAIMS FOR PROPERTY OF
OTHERS DAMAGED OR DESTROYED IN AN ACCIDENT OF UP TO
$5,000, IN ADDITION TO INTEREST AND COSTS;
(3) THE BENEFITS REQUIRED UNDER ARTICLE 48A,
§539 OF THE CODE AS TO BASIC REQUIRED PRIMARY COVERAGE;
AND
(4) THE BENEFITS REQUIRED UNDER ARTICLE 48A,
§541 OF THE CODE AS TO REQUIRED ADDITIONAL COVERAGE.
REVISOR'S NOTE: This section presently appears as
Art. 66 1/2, §7-101(c).
In subsection (a) of this section and
elsewhere in this subtitle, present references
to the "Maryland Automobile Insurance Fund" as
an insurer are deleted as unnecessary.
In subsection (b)(1) and (2) of this section,
the phrase "in addition to" is substituted for
the present, somewhat ambiguous "exclusive
of". That this interpretation is the one
intended, cf., Simpler v. State, 223 Md. 456
(1960) where the Court of Appeals held that,
under the provisions of the former Unsatisfied
Claim and Judgment Fund law (Art. 66 1/2, §§
150 to 179), the phrase "exclusive of interest
and costs." meant that "interest and costs are
payable over and above the amount of damages".
223 Md. 456, 463.
The only other changes are in style.
As to greater minimum benefits required for
Class J (Van Pool) vehicles, see §13-932 of
this article.
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