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PARRIS N. GLENDENING, Governor
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Ch. 514
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CHAPTER 514
(Senate Bill 307)
AN ACT concerning
Motor Vehicle Liability Insurance - Voluntary Cancellation of Policy -
Surrender of Evidences of Registration Required Regulations
FOR the purpose of requiring an insurer to notify an owner of a motor vehicle who
wishes to cancel voluntarily the motor vehicle liability insurance policy that
insures the vehicle, that the owner must surrender all evidences of registration
to the Motor Vehicle Administration before the wearer cancels the policy;
prohibiting an insurer from canceling a policy of motor vehicle liability
insurance under certain circumstances until the owner of the motor vehicle
insured under the policy provides proof to the insurer that all evidences of
registration have been surrendered to the Motor Vehicle Administration; and
generally relating to surrender of evidences of registration to the Motor Vehicle
Administration before voluntary cancellation of policies of motor vehicle liability
insurance insured within a certain time under certain circumstances in a
certain manner that, if the insured fails to renew or replace motor vehicle
insurance before the cancellation, a certain law provides that certain penalties
may be assessed and that evidences of registration shall be surrendered and
that failure to surrender evidences of registration may result in suspension of
certain registration privileges requiring the Motor Vehicle Administration, in
consultation with the Maryland Insurance Administration and representatives of
the automobile insurance industry, to adopt certain regulations establishing
certain notification procedures; providing that certain regulations shall establish
procedures that will be used by certain insurers to provide notification of certain
penalties; and generally relating to the notification by an insurer of an insured
that seeks to voluntarily cancel automobile liability insurance.
BY adding to
Article—Insurance
Section 10-517
Annotated Code of Maryland
(1997 Volume and 1999 Supplement)
BY repealing and reenacting, with amendments.
Article — Transportation
Section 17-104
Annotated Code of Maryland
(1999 Replacement Volume and 1999 Supplement)
SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That the Laws of Maryland read as follows:
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- 2759 -
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