Unannotated Code of Maryland (Last Updated: May 16, 2014) |
TRANSPORTATION |
TITLE 17. VEHICLE LAWS -- REQUIRED SECURITY |
SUBTITLE 1. GENERAL SECURITY PROVISIONS |
§ 17-101. Definitions
Latest version.
-
(a) In general. -- In this subtitle the following words have the meanings indicated.
(b) Fleet policy. -- "Fleet policy" means an insurance policy issued for a fleet of vehicles that provides coverage that is not based on a schedule of individual vehicles at the time the policy is issued.
(c) Lapse and termination. -- "Lapse" and "termination" mean a lapse or termination of required security, as defined in regulations adopted by the Administration.
(d) Required security. -- "Required security" means security in the form and providing for the minimum benefits required under this subtitle or any other provisions of the Maryland Vehicle Law.