(D) INSTEAD OF, OR IN ADDITION TO, SUSPENDING OR REVOKING THE
LIMITED CERTIFICATE OF QUALIFICATION, THE COMMISSIONER MAY
(2) REQUIRE THAT RESTITUTION BE MADE TO ANY PERSON WHO HAS
SUFFERED FINANCIAL INJURY BECAUSE OF THE VIOLATION OF THIS ARTICLE.
10-607.
THE COMMISSIONER MAY ADOPT REGULATIONS TO CARRY OUT THE
PROVISIONS OF THIS SUBTITLE, INCLUDING REGULATIONS CONCERNING THE FORM
AND CONTENT OF REQUIRED DISCLOSURES TO RENTERS AND, THE TRAINING
REQUIREMENTS FOR EMPLOYEES OF MOTOR VEHICLE RENTAL COMPANIES, AND
THE QUALIFICATIONS OF THE INDIVIDUALS WHO PROVIDE EMPLOYEE TRAINING.
SECTION 3. AND BE IT FURTHER ENACTED, That the Insurance
Commissioner shall report, subject to § 2-1246 of the State Government Article, to the
Senate Finance Committee and the House Economic Matters Committee on or before
February 15, 2002 on the types of employee compensation and incentive packages used
by motor vehicle rental companies, during the first 2 years following the enactment of
this Act, when employees sell or offer policies of insurance to renters in connection with
and incidental to a rental agreement as authorized under Section 2 of this Act.
SECTION 3. 4. AND BE IT FURTHER ENACTED, That Section 1 of, except
as provided in Section 5 of this Act, this Act shall take effect June 1, 1999.
SECTION 4. 5. AND BE IT FURTHER ENACTED, That Section 2 Sections 2
and 3 of this Act shall take effect October 1, 1999 January 1, 2000, contingent on the
termination of § 10-601 of the Insurance Article as enacted by Chapter 746 of the Acts
of the General Assembly of 1998 and amended by Section 1 Sections 2 and 3 of this
Act, and if that termination of § 10-601 of the Insurance Article does not become
effective, Section 2 of this Act shall be null and void without the necessity of further
action by the General Assembly. The provisions of Section 2 of this Act shall be
applicable to insurance policies offered or sold to renters of motor vehicles, and to the
acts of motor vehicle rental companies and their employees occurring on or after
January 1, 2000.
Approved May 27, 1999.
CHAPTER 629
(Senate Bill 511)
AN ACT concerning
Insurance - Motor Vehicle Rental Companies - Regulation Authority to Sell
or Offer Insurance to Renters
FOR the purpose of providing that the insurance laws of the State do not apply to a
motor vehicle rental company, or the employees or agents of a motor vehicle
rental company, that offers certain insurance coverage in connection with the
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