§ 39-16.1-17 — Release of bond or deposit on making other proof of responsibility

North Dakota § 39-16.1-17

• Jurisdiction: North Dakota
• Title 39: Motor Vehicles
• Ch. 39-16.1: Proof of Financial Responsibility for the Future

Text

1. The director shall consent to the cancellation of any bond or certificate of insurance or
the director shall direct and the Bank of North Dakota shall return any money or
securities to the person entitled thereto upon the substitution and acceptance of other
adequate proof of financial responsibility pursuant to this chapter.
2. The director may not consent to the cancellation of any bond or the return of any
money or securities in the event any action for damages upon liability covered by such
proof is then pending or any judgment upon any such liability is then unsatisfied, or in
the event the person who has filed such bond or deposited such money or securities
has, within one year immediately preceding such request been involved as an operator
or owner in any motor vehicle accident resulting in injury or damage to the person or
property of others. An affidavit of the applicant as to the nonexistence of such facts, or
that the applicant has been released from all of the applicant's liability, or has been
finally adjudicated not to be liable, for such injury or damage, is sufficient evidence
thereof in the absence of evidence to the contrary in the records of the director.