PARRIS N. GLENDENING, Governor Ch. 362

SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall take effect
October 1, 1997.

Approved May 8, 1997.

CHAPTER 362
(Senate Bill 474)

AN ACT concerning

Vehicle Laws - Required Security - Replacement Vehicles - Clarifications

FOR the purpose of clarifying the amount of insurance coverage required when the
owner of a certain replacement vehicle satisfies a certain insurance requirement by
maintaining a certain security which covers a motor vehicle under certain
circumstances; altering the size of type required for a certain purpose in a certain
agreement; making technical changes; and generally relating to proof of insurance
for the registration of certain replacement vehicles.

BY repealing and reenacting, without amendments,
Article - Transportation
Section 17-103(b)
Annotated Code of Maryland
(1992 Replacement Volume and 1996 Supplement)

BY repealing and reenacting, with amendments,
Article - Transportation
Section 17-104 and 18-102(a)
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

17-103.

(b) The security required under this subtitle shall provide for at least:

(1) The payment of claims for bodily injury or death arising from an
accident of up to $20,000 for any one person and up to $40,000 for any two or more
persons, in addition to interest and costs;

(2) The payment of claims for property of others damaged or destroyed in
an accident of up to $10,000, in addition to interest and costs;

(3) Unless waived, the benefits described under Article 48A, § 539 of the
Code as to basic required primary coverage; and

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