2013 Maryland Code
§ 17-101 - Definitions
(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 under this subtitle or any other provisions of the Maryland Vehicle Law.
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