rental of a motor vehicle if the motor vehicle rental company meets certain
requirements under certain circumstances; imposing certain certification,
training, employee compensation, and proof of financial ability requirements on
a motor vehicle rental company that offers insurance coverage under certain
circumstances; defining certain terms; and generally relating to the regulation
of motor vehicle rental companies that offer insurance coverage.
BY adding to
Article—Insurance
Section 1-209
Annotated Code of Maryland
(1997 Volume and 1998 Supplement)
altering a certain termination provision relating to the authority of motor
vehicle rental companies to sell or offer insurance to renters under certain
circumstances; requiring a motor vehicle rental company to hold a special restricted
certificate of qualification in order to sell or offer insurance to a renter of a motor
vehicle under certain circumstances; requiring the Maryland Insurance
Commissioner to issue a special restricted certificate of qualification to a motor
vehicle rental company under certain circumstances; requiring a motor vehicle rental
company to perform certain duties as a condition to receiving a special restricted
certificate of qualification, including making available to a renter of a motor vehicle
certain disclosures and providing certain training to employees of the motor vehicle
rental company; establishing the primacy of an insurance policy sold by a motor
vehicle rental company under certain circumstances; authorizing the Commissioner
to suspend, revoke, or refuse to renew a special restricted certificate of qualification
under certain circumstances; authorizing the Commissioner to adopt certain
regulations; defining certain terms; providing for a delayed effective date for certain
provisions of this Act subject to a certain contingency; requiring the Commissioner to
report by a certain time on certain compensation packages; and generally relating to
the authority of motor vehicle rental companies to sell or offer insurance to renters of
motor vehicles.
BY repealing and reenacting, with amendments,
Chapter 746 of the Acts of the General Assembly of 1998
Section 3
BY adding to
Article - Insurance
Section 10-601 through 10-607, inclusive, to be under the new subtitle "Subtitle
6. Motor Vehicle Rental Companies"
Annotated Code of Maryland
(1997 Volume and 1998 Supplement)
SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That the Laws of Maryland read as follows:
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