BLAIR LEE III, acting Governor

2875

Administration of:

(i) The certificate of title or other
documentary evidence of ownership acceptable to the
Administration;

(ii) The manufacturer's serial number or
vehicle identification number plate;

(iii) Satisfactory proof that the vehicle
is completely destroyed; and

(iv) Any other information that the
Administration requires.

(2) The Administration shall require
satisfactory proof of the date on which a vehicle was
destroyed. The Administration may not pay for any vehicle
destroyed by any scrap processor before July 1, 1970.

(c)    (1) Except as provided in paragraph (2) of this
subsection, the Administration may make the payment required
by this section only to a licensed scrap processor.

(2) If ownership of the destroyed vehicle was
transferred to the licensed scrap processor by a licensed
wrecker, the Administration shall pay 50 percent of the
amount required to be paid by this section to the wrecker
and 50 percent to the scrap processor.

(d)    If one of the counties of this State receives
reimbursement for expenses incurred in selling a vehicle
under Title 25, Subtitle 2 of this Article, the
Administration shall make the payment required by this
section even if the destroyed vehicle never was titled in
this State.]

(E) THE PAYMENTS PROVIDED FOR IN THIS SECTION SHALL

ONLY BE MADE WHEN THESE ARE SUFFICIENT FUNDS TO MAKE SUCH

PAYMENTS IN THE ABANDONED VEHICLE FUND ESTABLISHED UNDER

SECTION 15-803 OF THIS ARTICLE, AS REPLENISHED UNDER THE

PROVISIONS OF SECTION 13-803(B)(3) OF THIS ARTICLE WITH
MONEYS PREVIOUSLY PAID FROM THE ABANDONED VEHICLE FUND TO
THE TRANSPORTATION TRUST FUND. AFTER PAYMENTS ARE SUSPENDED
BECAUSE OF INSUFFICIENT FUNDS, THE PAYMENTS SHALL RESUME
ONLY WHEN THE ADMINISTRATION HAS SUFFICIENT FUNDS TO MEET
WHAT HAS THE AVERAGE MONTHLY DEMAND FOR PAYMENTS PRIOR TO
THE SUSPENSION OF PAYMENTS.

(F) THE PAYMENTS PROVIDED FOR IN THIS SECTION SHALL

BE SUSPENDED OR REDUCED WHEN THE ADMINISTRATION, WITH THE

ADVICE OF THE GOVERNOR'S COMMISSION ON ABANDONMENT AND

RECYCLING OF MOTOR VEHICLES, DETERMINES THAT THE PRICE OF

NUMBER 2 BUNDLES, AS QUOTED IN THE MOST RECENT ISSUE OF

"IRON AGE", EXCEEDS $67 PER CROSS TON FOR 2 CONSECUTIVE

MONTHS ORDINARY MARKET FORCES DO NOT REQUIRE THE PAYMENT OF

THE FULL BOUNTY OR ANY BOUNTY TO ENCOURAGE THE REMOVAL AND

DESTRUCTION OF VEHICLES. AFTER PAYMENTS ARE SUSPENDED OR