South Carolina Statutes
§ 56-9-359 — Reduction of amount of security.
The Department of Motor Vehicles may at any time reduce the amount of security ordered in any case if, in its judgment, the amount ordered is excessive. In case the security originally ordered has been deposited, the excess deposited over the reduced amount ordered shall be returned to the depositor or his personal representative, notwithstanding the provisions of Section 56-9-360. In no case shall the Department reduce the amount of security to a sum less than two hundred dollars.
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South Carolina § 56-9-359 (Reduction of amount of security.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
HISTORY: 1978 Act No. 467 SECTION 1.
Nearby Sections
15
§ 56-9-10
Short title.§ 56-9-100
Chapter is supplemental and cumulative.§ 56-9-110
Reserved.§ 56-9-120
Construction.§ 56-9-20
Definitions.§ 56-9-351
Deposit of security by owner following accident; suspension of license, registrations, and notice.§ 56-9-352
Exceptions.§ 56-9-353
Type and terms of policy or bond.