Ch. 174

1997 LAWS OF MARYLAND

CHAPTER 174
(Senate Bill 409)

AN ACT concerning

Vehicle Laws - Assurance Fund

FOR the purpose of abolishing the Motor Vehicle Administration's Assurance Fund;
requiring the Administration to ensure that certain security interests are properly
filed, recorded, and indexed; repealing certain provisions relating to certain claims
for payment from the Assurance Fund; altering provisions relating to the
distribution of certain filing fees; providing for the transfer of certain funds
remaining in the Assurance Fund on the effective date of this Act establishing a
limit on certain payments made from the Motor Vehicle Administration's
Assurance Fund; prohibiting recovery for a single claim from both the Assurance Fund
and the State Insurance Trust Fund; providing for the handling of certain claims; and
generally relating to security interests in vehicles and the Assurance Fund.

BY repealing and reenacting, with amendments,
Article - Transportation
Section 13-208 13-210
Annotated Code of Maryland
(1992 Replacement Volume and 1996 Supplement)

(As enacted by Chapter 163 of the Acts of the General Assembly of 1996)

BY repealing

Article—Transportation

Section 13-209 and 13-210

Annotated Code of Maryland

(1992 Replacement Volume and 1996 Supplement)

BY adding to

Article—Transportation

Section 13-209

Annotated Code of Maryland

(1992 Replacement Volume and 1996 Supplement)

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

Article - Transportation

13-208.

(a) (1) The Administration shall deposit $14 of each filing fee received under
this subtitle in the General Fund.

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