Code of Maryland Regulations
Title 31 - MARYLAND INSURANCE ADMINISTRATION
Subtitle 03 - INSURANCE PRODUCERS AND OTHER INSURANCE PROFESSIONALS
Chapter 31.03.11 - Motor Vehicle Rental Companies-Limited Lines License
Section 31.03.11.02 - Definitions

Universal Citation: MD Code Reg 31.03.11.02

Current through Register Vol. 51, No. 19, September 20, 2024

A. In this chapter, the following terms have the meanings indicated.

B. Terms Defined.

(1) "Franchisee" means a person to whom a franchise has been granted by a motor vehicle rental company under Business Regulation Article, Title 14, Subtitle 2, Annotated Code of Maryland.

(2) "Limited lines license" means a limited lines license to sell insurance in connection with, and incidental to, the rental of a vehicle.

(3) Motor Vehicle Rental Company.
(a) "Motor vehicle rental company" means a person that is in the business of providing motor vehicles to the public under a rental agreement for a period of 180 days or less.

(b) "Motor vehicle rental company" includes a franchisee or subsidiary that is in the business of providing motor vehicles to the public under a rental agreement for a period of 180 days or less.

(4) "Rental agreement" means a written agreement containing the terms and conditions that govern the use of a vehicle provided by a motor vehicle rental company under the provisions of Transportation Article, Title 18, Annotated Code of Maryland.

(5) "Renter" means a person obtaining the use of a vehicle from a motor vehicle rental company under the terms of a rental agreement.

(6) "Subsidiary" means a business entity that is directly or indirectly controlled by a motor vehicle rental company.

(7) "Vehicle" means a motor vehicle of the:
(a) Private passenger type, including passenger vans, minivans, and sport utility vehicles; or

(b) Cargo type, including cargo vans, pickup trucks, and trucks that do not require the operator to possess a commercial driver's license.

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