§ 20-611

Maryland § 20-611

• Jurisdiction: Maryland
• Article gin: Insurance
• Title: 20

Text

(a) In this section, “Uninsured Motorist Fund” means the Uninsured Motorist Education and Enforcement Fund.

(b) There is an Uninsured Motorist Education and Enforcement Fund.

(c) The purpose of the Uninsured Motorist Fund is to provide funding for the education of drivers about, and the enforcement of, the security requirements for motor vehicles under the Maryland Vehicle Law.

(d) The Uninsured Division shall administer the Uninsured Motorist Fund.

(e) The Uninsured Motorist Fund is a special, nonlapsing fund that is not subject to § 7–302 of the State Finance and Procurement Article.

(f) The Uninsured Motorist Fund consists of:

(1) revenues deposited to the Uninsured Motorist Fund under § 17–104.2 of the Transportation Article;

(2) interest and investment earnings of the Uninsured Motorist Fund; and

(3) any other money from any other source accepted for the benefit of the Uninsured Motorist Fund.

(g) Money in the Uninsured Motorist Fund shall be used solely for:

(1) the administration of the Uninsured Motorist Fund; and

(2) the education of drivers and the public about:

(i) the security requirements under the Maryland Vehicle Law; and

(ii) the sources of automobile insurance in the State, including private insurers and the Fund.