Section 31-32-28. – Recorded bond constitutes a lien.
§ 31-32-28. Recorded bond constitutes a lien. The bond shall constitute a lien in favor of the state upon the real estate so scheduled of any surety, which lien shall exist in favor of any holder of a final judgment against the person who has filed the bond, for damages, including damages for care and […]
Section 31-32-29. – Action on bond.
§ 31-32-29. Action on bond. If a judgment, rendered against the principal on the bond, shall not be satisfied within sixty (60) days after it has become final, the judgment creditor may, for his or her own use and benefit and at his or her sole expense, bring an action or actions in the name […]
Section 31-32-30. – Money or securities as proof.
§ 31-32-30. Money or securities as proof. Proof of financial responsibility may be evidenced by the certificate of the general treasurer that the person named in it has deposited with him or her sixty thousand dollars ($60,000) in cash, or securities, that may be legally purchased by savings banks or for trust funds of a […]
Section 31-32-31. – Application of deposit.
§ 31-32-31. Application of deposit. The deposit shall be held by the general treasurer to satisfy, in accordance with the provisions of this chapter, any execution on a judgment issued against the person making the deposit, for damages, including damages for care and loss of services, because of bodily injury to or death of any […]
Section 31-32-32. – Owner may give proof for others.
§ 31-32-32. Owner may give proof for others. The owner of a motor vehicle may give proof of financial responsibility on behalf of his or her employee or a member of his immediate family or household in lieu of the furnishing of proof by any person. The furnishing of proof shall permit the person to […]
Section 31-32-33. – Substitution of proof.
§ 31-32-33. Substitution of proof. The division of motor vehicles shall consent to the cancellation of any bond or certificate of insurance, or the division of motor vehicles shall direct and the general treasurer shall return any money or securities to the person entitled to it upon the substitution and acceptance of other adequate proof […]
Section 31-32-34. – Requiring additional proof.
§ 31-32-34. Requiring additional proof. Whenever any proof of financial responsibility filed under the provisions of this chapter no longer fulfills the purposes for which it is required, the division of motor vehicles shall, for the purpose of this chapter, require other proof as required by this chapter and shall suspend the license and registration […]
Section 31-32-35. – Duration of proof — Cancellation or return.
§ 31-32-35. Duration of proof — Cancellation or return. (a) The division of motor vehicles shall upon request consent to the immediate cancellation of any bond or certificate of insurance, or the division of motor vehicles shall direct and the general treasurer shall return to the person entitled to it any money or securities deposited […]
Section 31-32-36. – Three-year requirement construed.
§ 31-32-36. Three-year requirement construed. Whenever in the general laws there is a reference to a three (3) year requirement for financial responsibility, it shall be construed to be a one year requirement except as provided in § 31-32-4(d) of this chapter. History of Section.P.L. 1978, ch. 309, § 3; P.L. 1986, ch. 494, § […]
Section 31-32-21. – Certificate of insurance as proof.
§ 31-32-21. Certificate of insurance as proof. Proof of financial responsibility for the future may be furnished by filing with the division of motor vehicles the written certificate of any insurance carrier duly authorized to do business in this state certifying that there is in effect a motor vehicle liability policy for the benefit of […]