Indiana Statutes

§ 9-25-4-11 — Certificate of self-insurance; cancellation

Indiana·Title 9 MOTOR VEHICLES·Art. 25 FINANCIAL RESPONSIBILITY
(a)The bureau may, upon the application of a person, issue a certificate of self-insurance when the bureau is satisfied that the person making the application is possessed and will continue to be possessed of the ability to pay a judgment obtained against the person making the application. A certificate may be issued authorizing a person to act as a self-insurer for property damage, bodily injury, or death.
(b)After not less than five (5) days notice and a hearing concerning the notice, the department may upon reasonable grounds cancel a certificate of self-insurance. Failure to pay a judgment within thirty
(30)days after the judgment becomes final constitutes a reasonable ground for the cancellation of a certificate of self-insurance.
(c)The bureau may only issue a certificate of self

Free access — add to your briefcase to read the full text and ask questions with AI

Indiana § 9-25-4-11 (Certificate of self-insurance; cancellation) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

As added by P.L.2-1991, SEC.13.

Nearby Sections

15
View on official source ↗