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§ 13-623. Special finance company registration plates

West's Annotated Code of MarylandTransportation

West's Annotated Code of Maryland
Transportation
Title 13. Vehicle Laws--Certificates of Title and Registration of Vehicles (Refs & Annos)
Subtitle 6. Special Registration Plates (Refs & Annos)
Part III. Special Plates for Interchangeable Registration
MD Code, Transportation, § 13-623
§ 13-623. Special finance company registration plates
Currentness
Financial institution defined
(a) In this section, “financial institution” means:
(1) Any bank that is authorized to do business in this State; and
(2) Any other financial institution that is licensed to do business in this State by the Commissioner of Financial Regulation.
Number of plates issued
(b) Any financial institution may apply to the Administration for the issuance of as many special, finance company registration plates as the Administration authorizes.
Use of special finance company registration plate
(c) A financial institution may drive, under any one finance company registration plate issued to it, any vehicle repossessed by or on behalf of the financial institution:
(1) From the place of its repossession to a place of storage;
(2) From one place of storage to another;
(3) To or from a business for its repair; or
(4) To or from a place for its inspection.

Credits

Added by Acts 1977, c. 14, § 2, eff. July 1, 1977. Amended by Acts 1978, c. 345; Acts 1996, c. 326, § 2, eff. July 1, 1996.
Formerly Art. 66 ½, § 3-601.1.
MD Code, Transportation, § 13-623, MD TRANS § 13-623
Current through legislation effective through May 9, 2024, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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