Every person licensed under this subtitle shall file with the Police Commissioner a bond to save harmless the owner of any vehicle for any property damage occurring while the vehicle is in that person’s possession. The bond shall be in an amount of at least $20,000. City Code, 1966, art. 31, §120 1976/83, art. 19, §211 Ord. 57-998 Ord. 58-1271 Ord. 75-921 Ord. 08-077