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Ch. 14
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970
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LAWS OF MARYLAND
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THE DEPOSIT:
(1) TO SATISFY ANY FINAL JUDGMENT RENDERED
AGAINST THE DEPOSITOR THAT HAS BEEN DOCKETED WITHIN 3
YEARS FROM THE DATE OF THE ACCIDENT AND NOT ASSIGNED TO
THE UNSATISFIED CLAIM AND JUDGMENT FUND OR ITS SUCCESSOR;
OR
[2) IN THE PAYMENT OF ANY CLAIM ON THE
INSTRUCTION OF THE DEPOSITOR.
REVISOR'S NOTE: This section presently appears as
Art. 66 1/2, §7-211.
Present §7—211(a), which required the transfer
of certain funds on deposit with the
Administration to the Maryland Automobile
Insurance Fund, is deleted as obsolete.
That part of present §7-211(d) that relates to
the publication of the names of the depositors
is deleted as obsolete.
The only other changes are in style.
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TITLE 18. VEHICLE LAWS—-FOR-RENT VEHICLES.
18-101. "RENT" DEFINED.
IN THIS TITLE, "RENT" MEANS TO RENT OR LEASE.
REVISOR'S NOTE: This subsection is new language
added for clarity.
See, also, §1-101 and Title 11 of this article
for other applicable definitions.
18-102. CERTIFICATION OF SECURITY PREREQUISITE TO
REGISTRATION.
(A) IN GENERAL.
THE ADMINISTRATION MAY NOT REGISTER ANY MOTOR
VEHICLE, TRAILER, OR SEMITRAILER TO BE RENTED UNTIL THE
OWNER OF THE VEHICLE CERTIFIES TO THE SATISFACTION OF THE
ADMINISTRATION THAT HE HAS SECURITY FOR THE VEHICLE IN
THE SAME FORM AND PROVIDING FOR THE SAME MINIMUM BENEFITS
AS THE SECURITY REQUIRED BY TITLE 17 OF THIS ARTICLE FOR
MOTOR VEHICLES.
(B) PERSONS TO BE COVERED BY SECURITY.
NOTWITHSTANDING ANY PROVISION OF THE RENTAL
AGREEMENT TO THE CONTRARY, THE SECURITY REQUIRED UNDER
THIS SECTION SHALL COVER THE OWNER OF THE VEHICLE AND
EACH PERSON DRIVING OR USING THE VEHICLE WITH THE
PERMISSION OF THE OWNER OR LESSEE.
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