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Session Laws, 1999
Volume 796, Page 290   View pdf image
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Article - Insurance

4-113.

(d) Instead of or in addition to suspending or revoking a certificate of
authority, the Commissioner may:

(1) impose on the holder a penalty of not less than $100 but not more
than $125,000 for each violation of this article; and

(2) require the holder to make restitution to any person who has suffered
financial injury because of the violation of this article.

(e) The Commissioner shall adopt regulations to:

(1) establish standards for the imposition of a penalty under subsection
(d) of this section; and

(2) carry out the provisions of subsection (b)(11) of this section.

DRAFTER'S NOTE:

Error: Purpose paragraph of bill being cured failed to accurately describe
the changes made by the bill.

Occurred: Chapter 755 (House Bill 1355) of the Acts of 1998.

19-512.

(b) (2) If a private passenger motor vehicle insurance policy issued, sold, or
delivered in the State includes:

(i) collision coverage under this section, the motor vehicles insured
under that coverage shall include any passenger car that is rented by an insured for
a period of 30 days or less under a rental agreement as otherwise defined in § 14-2101
of the Commercial Law Article; or

(ii) comprehensive coverage, the motor vehicles insured under that
coverage shall include any replacement vehicle as defined under § 18-102(a)(2)(i) of
the Transportation Article.

DRAFTER'S NOTE:

Error: Purpose paragraph of bill being cured failed to accurately describe
the changes made by the bill.

Occurred: Chapter 671 (House Bill 164) of the Acts of 1998.

Chapter 178 of the Acts of 1998

SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That:

(1) The Board of Public Works may borrow money and incur indebtedness on
behalf of the State of Maryland through a State loan to be known as the Baltimore

 

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Session Laws, 1999
Volume 796, Page 290   View pdf image
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