1868

LAWS OF MARYLAND

Ch. 594

SECTION 2. AND BE IT FURTHER ENACTED, That this Act
shall take effect July 1, 1978.

Approved May 16, 1978.

CHAPTER 595

(House Bill 387)

AN ACT concerning

Maryland Automobile Insurance Fund —
Three Year Assignment Insured Period

FOR the purpose of altering the requirement that a
policyholder in the Maryland Automobile Insurance Fund
have completed a certain continuous period in the Fund
for certain renewal privileges, and making that a

certain assignment insured period; and clarifying

language.

BY repealing and reenacting, with amendments,

Article 48A - Insurance Code

Section 243C(d)

Annotated Code of Maryland

(1972 Replacement Volume and 1977 Supplement)

SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That section(s) of the Annotated Code of Maryland
be repealed, amended, or enacted to read as follows:

Article 48A — Insurance Code

243C.

(d) Any BEGINNING JULY 1, 1975 JANUARY 1, 1976, ANY
policyholder who has completed ANY A ANY three [continuous
years] YEAR ASSIGNMENT INSURED PERIOD DURING 42 MONTHS in
the Fund in which he has not had any moving traffic
violations, not more than one point, and has not had any
chargeable traffic accident, is entitled to renewal coverage
from the Fund at rates reasonably comparable to those
charged by standard insurers and approved by the
Commissioner but [shall] MAY not be entitled to any safe
driver credit as defined in the rules and rate schedules of
the Maryland Automobile Insurance Fund filed with the
Commissioner of Insurance PROVIDED, HOWEVER, IN DETERMINING
WHETHER THE INSURED HAS COMPLETED 3 CONTINUOUS YEARS, THE

FUND MAY NOT CONSIDER A LAPSE IN COVERAGE OF 30 DAYS OR

LESS.

SECTION 2. AND BE IT FURTHER ENACTED, That this Act