California Statutes
§ 16434. — 16434. (Repealed (in Sec. 44) and added by Stats. 2015, Ch. 451, Sec. 45.)
California·Code VEH Vehicle Code - VEH·Div. 7. DIVISION 7. FINANCIAL RESPONSIBILITY LAWS·Ch. 3. CHAPTER 3. Proof of Financial Responsibility·Art. 1. ARTICLE 1. Proof Requirements
(a)Proof of financial responsibility may be given by a bond. The bond shall be conditioned for the payment of the amount specified in Section 16430, and shall provide for the entry of judgment on motion of the state in favor of any holder of any final judgment on account of damages to property over one thousand dollars ($1,000) in amount, or injury to any person caused by the operation of the person’s motor vehicle.
(b)This section shall become operative on January 1, 2017.
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California § 16434. (16434. (Repealed (in Sec. 44) and added by Stats. 2015, Ch. 451, Sec. 45.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Repealed (in Sec. 44) and added by Stats. 2015, Ch. 451, Sec. 45. (SB 491) Effective January 1, 2016. Section operative January 1, 2017, by its own provisions.