1. (a) In this subtitle the following words have the meanings indicated.
2. (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.
3. (c) “Lapse” and “termination” mean a lapse or termination of required security, as defined in regulations adopted by the Administration.

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

   1. (1) For a vehicle registered in the State, under this subtitle or any other provisions of the Maryland Vehicle Law¹; or
   2. (2) For a vehicle registered in another jurisdiction, under the laws of that jurisdiction.

Added by Acts 1977, c. 14, § 2, eff. July 1, 1977. Amended by Acts 1994, c. 233, § 1, eff. July 1, 1994; Acts 2005, c. 25, § 13, eff. April 12, 2005; Acts 2012, c. 421, § 1, eff. Oct. 1, 2012; Acts 2017, c. 345, § 1, eff. Oct. 1, 2017.

Transportation, § 11-101 et seq.