§ 9-25-7-3 — Cancellation, return, or waiver of proof of financial responsibility

Indiana § 9-25-7-3

• Jurisdiction: Indiana
• Title 9: MOTOR VEHICLES
• Art. 25: FINANCIAL RESPONSIBILITY
• Ch. 7: Miscellaneous Provisions

Text

(a) The bureau shall, upon request, cancel a
bond or return a certificate of insurance, direct the treasurer of state to
return to the person entitled any money or securities deposited under
this article as proof of financial responsibility, or waive the requirement
of filing proof of financial responsibility in any of the following
circumstances:
(1) At any time after three (3) years from the date the proof was
required, if during the three (3) year period preceding the request
the person furnishing the proof has not been convicted of an
offense referred to in IC 9-30-4-6.1.
(2) If the person on whose behalf the proof was filed dies or the
person becomes permanently incapable of operating a motor
vehicle.
(3) If the person who has given proof of financial responsibility
surrenders the person's driver's license, registration certificates,
and registration plates to the bureau. The bureau may not release
the proof if an action for damages upon a liability referred to in
this article is pending, a judgment upon a liability is outstanding
and unsatisfied, or the bureau has received notice that the person
has, within the period of three (3) months immediately preceding,
been involved as a driver in a motor vehicle accident. An affidavit
of the applicant of the nonexistence of the facts referred to in this
subdivision is sufficient evidence of the nonexistence of the facts
in the absence of evidence to the contrary in the records of the
department.
(b) Whenever a person to whom proof has been surrendered under
subsection (a)(3) applies for a driver's license (issued under IC 9-24-3)
or chauffeur's license or the registration of a motor vehicle within a
period of three (3) years from the date the proof of financial
responsibility was originally required, the bureau shall reject the
application unless the applicant reestablishes the proof for the
remainder of the period.
[Pre-1991 Recodification Citation: 9-2-1-28.]

Legislative History

As added by P.L.2-1991, SEC.13. Amended by P.L.1-2001, SEC.7; P.L.59-2013, SEC.27; P.L.198-2016, SEC.545; P.L.111-2021, SEC.82.