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Session Laws, 1985
Volume 760, Page 2914   View pdf image
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2914

LAWS OF MARYLAND

Ch. 609

(3) If the difference is a positive number,
multiplying the difference by the applicable county or municipal
corporation property tax rate for the current year.

SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall
take effect February 1, 1986.

Approved May 28, 1985.

CHAPTER 610

(House Bill 341)

AN ACT concerning

Insurance - Maryland Automobile Insurance Fund
and Uninsured Motorists

FOR the purpose of altering the maximum insufficiency assessment
allocation percentage under the Maryland Automobile
Insurance Fund; providing that the Insurance Commissioner
shall give due consideration to the Maryland Automobile
Insurance Fund's statutory purposes when reviewing its
rates; clarifying the conditions under which a recoupment
charge may be imposed on an insurer's policyholders if it
opts to recoup the assessment; providing for the
identification of the recoupment charge; providing for a
waiver of the recoupment charge; providing that an insurer
may absorb the assessment or recover all or part of the
assessment through a rate filing; increasing the daily
amount assessed against the owner of a motor vehicle by the
Motor Vehicle Administration if the required security for
the vehicle terminates or otherwise lapses during the
vehicle's registration year; providing that certain
penalties may not be avoided by transferring title to the
vehicle; requiring that the Motor Vehicle Administration
request proof of required security from a registered motor
vehicle owner's insurer or agent under certain
circumstances; requiring the submission of proof of required
security from the insurer or agent within a certain period;
providing for a request for proof of insurance to the
vehicle owner under certain circumstances; amending current
law to provide that a vehicle owner shall submit the proof
of required security after a certain notification;
providing that failure by a vehicle owner to submit proof of
required security within a certain period of time shall
constitute prima facie evidence that the vehicle has been
uninsured for a certain period of time; providing for
rebuttal of the presumption that a vehicle is uninsured;

providing that the Administration may impose certain

penalties for a certain maximum penalty; defining certain

 

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Session Laws, 1985
Volume 760, Page 2914   View pdf image
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