PARRIS N. GLENDENING, Governor                             Ch. 673

CHAPTER 673
(Senate Bill 604)

AN ACT concerning

Vehicle Laws - Rented or Leased Replacement Vehicles - Required Security - Task Force
to Examine Liability Insurance on Rental Vehicles

FOR the purpose of clarifying that the Motor Vehicle Administration is prohibited from
registering a leased vehicle until the lessor provides certain proof of insurance to
the Administration; authorizing the owner of a vehicle to be rented certain
replacement vehicles to satisfy the insurance requirement for a vehicle by
maintaining a certain excess insurance policy which covers a motor vehicle under
certain circumstances; requiring the owner of a vehicle to bo rented replacement
vehicle which is covered by a certain excess insurance coverage to provide a certain
notice on a rental agreement informing the renter that the owner's coverage is
excess only; making a technical change; defining a certain term; establishing a Task
Force to Examine Liability Insurance on Rental Vehicles; specifying the purpose
and responsibilities of the Task Force; requiring the Task Force to report to certain
persons by certain dates: providing for the composition of the Task Force; providing
for a certain effective date; and generally relating to proof of insurance for the
registration of certain rented or leased motor vehicles replacement vehicles and to
the Task Force to Examine Liability Insurance on Rental Vehicles.

BY repealing and reenacting, without amendments,
Article - Transportation
Section 11-143
Annotated Code of Maryland
(1992 Replacement Volume and 1995 Supplement)

BY repealing and reenacting, with amendments,
Article - Transportation
Section 18-101 17-104 and 18-102
Annotated Code of Maryland
(1992 Replacement Volume and 1995 Supplement)

SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That the Laws of Maryland read as follows:

Article - Transportation

11-143.

"Owner", as used in reference to a vehicle:

(1)     Means a person who has the property in or title to the vehicle;

(2)     Includes a person who, subject to a security interest in another person, is
entitled to the use and possession of the vehicle;

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