Wyoming Statutes
§ 31-9-408 — Surety bonds
Wyoming·Title 31 Motor Vehicles·Ch. 9 MOTOR VEHICLE SAFETY RESPONSIBILITY·Art. 4 PROOF OF FINANCIAL RESPONSIBILITY
(a)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,
which real estate shall be scheduled in the bond approved by a
judge of a court of record. The bond shall be conditioned for
payment of the amounts specified in W.S. 31-9-102(a)(xi). Except
as provided in W.S. 31-9-202(d), the bond shall be filed with
the division and is not cancelable except after ten (10) days
written notice to the division. The bond constitutes a lien in
favor of the state upon the real estate scheduled of any surety
and the lien shall exist in favor of any holder of a final
judgment against the person who has filed the bond, for damage
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Nearby Sections
15
§ 31-9-101
Short title§ 31-9-102
Definitions§ 31-9-104
Disclosure of driving record§ 31-9-105
Return of registration to division§ 31-9-106
General penalties§ 31-9-107
Government motor vehicles§ 31-9-108
Other lawful processes§ 31-9-109
Uniformity of laws§ 31-9-201
Repealed by Laws 1989, ch. 173, § 2§ 31-9-202
Suspension of license and registration after
accident report; exclusions and security requirements§ 31-9-203
Exceptions to W.S. 31-9-202§ 31-9-205
Requirements for release of suspension