§ 17-101. Definitions

MD Transp Code § 17-101 (2019) (N/A)
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(a)    In this subtitle the following words have the meanings indicated.

(b)    “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” mean a lapse or termination of required security, as defined in regulations adopted by the Administration.

(d)    “Required security” means security in the form and providing for the minimum benefits required:

(1)    For a vehicle registered in the State, under this subtitle or any other provisions of the Maryland Vehicle Law; or

(2)    For a vehicle registered in another jurisdiction, under the laws of that jurisdiction.