Rhode Island Statutes
§ 31-32-27 — § 31-32-27. Bond as proof.
Rhode Island·Title 31 Motor and Other vehicles·Ch. 31-32 Proof of Financial Responsibility for the Future
§ 31-32-27. Bond as proof.
Proof of financial responsibility may be evidenced by the bond of a surety company duly authorized to transact business within this state, or a bond with at least two
(2)individual sureties each owning real estate within this state, and together having
equities equal in value to at least twice the amount of the bond, which real estate
shall be scheduled in the bond approved by a judge of a court of record, which bond
shall be conditioned for payment of the amounts specified in § 31-32-2. The bond shall be filed with the division of motor vehicles and shall not be cancelable
except after ten (10) days' written notice to th
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Rhode Island § 31-32-27 (§ 31-32-27. Bond as proof.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
P.L. 1952, ch. 3002, § 24; G.L. 1956, § 31-32-44; P.L. 1962, ch. 204, § 2; G.L. 1956, § 31-32-27.
Nearby Sections
15
§ 31-1-1
§ 31-1-1. Short title.§ 31-1-10
§ 31-1-10. Types of tires.§ 31-1-11
§ 31-1-11. Railroads and trains.§ 31-1-13
§ 31-1-13. Gross weight.§ 31-1-14
§ 31-1-14. Renewal.§ 31-1-17
§ 31-1-17. Types of persons.§ 31-1-18
§ 31-1-18. Resident and nonresident.§ 31-1-19
§ 31-1-19. Types of business.§ 31-1-21
§ 31-1-21. Enforcement officers.§ 31-1-22
§ 31-1-22. Local authorities.