H.B. 1322 VETOES
House Bill No. 1322
AN ACT concerning
Vehicle Laws - Rented or Leased Vehicles 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 certain terms 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 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;
(3) Does not include a lessee under a lease not intended as security; and
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