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Session Laws, 1999
Volume 796, Page 233   View pdf image
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(II) FOR AN APPLICANT FOR A LICENSE TO DEAL IN THE SALE OF
USED VEHICLES, $15,000.

(D) NOTWITHSTANDING SUBSECTION (C) OF THIS SECTION, IF AN APPLICANT
SEEKS A LICENSE FOR A LOCATION THAT IS OR THAT PREVIOUSLY HAD BEEN
OPERATED BY A LICENSED DEALER THE ADMINISTRATION MAY REQUIRE A SURETY
BOND UNDER SUBSECTION (B)(2) OR (3) OF THIS SECTION BASED ON THE VOLUME OF
SALES AT THAT LOCATION DURING A PRECEDING LICENSE YEAR

15-604.

(a) This section does not apply to:

(1) A licensed dealer who is in compliance with the surety bond
requirement of Subtitle 3 of this title; or

(2) A motor club that is in compliance with the surety bond requirement
of § 26-204 of the Insurance Article.

(b) After the Administration notifies an applicant of the approval of an
application and before the Administration issues a license, the applicant shall file
with the Administration a surety bond in the form and with the surety that the
Administration approves.

(c) The amount of the surety bond shall be [$10,000] $25,000.

SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall take
effect October June 1, 1999 and shall be applicable to all surety bonds filed with the
Motor Vehicle Administration
licenses issued or renewed after September 30 May 31,
1999.

Approved April 13, 1999.

CHAPTER 15
(Senate Bill 42)

AN ACT concerning

Commercial Vehicles - Containerized Cargo Weight Limits

FOR the purpose of increasing the permitted gross maximum weight for two
consecutive axles on certain vehicles carrying sealed international cargo to or
from the Port of Baltimore.

BY repealing and reenacting, with amendments,
Article - Transportation
Section 24-113.1
Annotated Code of Maryland

(1998 Replacement Volume and 1998 Supplement)

 

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Session Laws, 1999
Volume 796, Page 233   View pdf image
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