257.511 Nonpayment of judgment; certification to secretary of state; nonresidents. Sec. 511. (1) If a person fails within 30 days to satisfy a judgment, the clerk of the court, or of the judge of a court that has no clerk, in which the judgment is rendered shall forward to the secretary of state immediately upon […]
257.512 Nonpayment of judgment; suspension of registration and nonresident’s operating privilege. Sec. 512. The secretary of state upon receipt of a certified abstract of court record of a judgment rendered in this state or any other state shall forthwith suspend the license and registration and any nonresident’s operating privilege of any person against whom such […]
257.512a Nonpayment of judgment; finding as to insurer, effect. Sec. 512a. No license, registration or nonresident’s operating privilege of any person shall be suspended under the provisions of this chapter if the secretary of state finds that an insurer was obligated to pay the judgment upon which the suspension is based, at least to the […]
257.513 Duration of suspension of license, registration, and nonresident’s operating privilege; satisfaction of judgment. Sec. 513. (a) The license, registration and nonresident’s operating privilege shall remain so suspended and shall not be renewed, nor shall any license or registration be thereafter issued in the name of the person, including any person not previously licensed unless […]
257.514 When judgments deemed satisfied. Sec. 514. Judgments herein referred to shall, for the purpose of this chapter only, be deemed satisfied: 1. When $20,000.00 is credited upon any judgment or judgments rendered in excess of that amount because of bodily injury to or death of 1 person as the result of any one accident; […]
257.515 Installment payment of judgment; default. Sec. 515. (a) A judgment debtor upon due notice to the judgment creditor may apply to the court in which such judgment was rendered for the privilege of paying such judgment in installments and the court, in its discretion and without prejudice to any other legal remedies which the […]
257.515a Restoration of license or registration after nonpayment of installment; limitation. Sec. 515a. The secretary of state shall not restore a license, registration or nonresident’s operating privilege of any person more than twice within a 2-year period following nonpayment of the installment agreement, judgment, order or other written agreement contemplated in section 515 of this […]
257.516 Repealed. 1976, Act 101, Imd. Eff. Apr. 27, 1976. Compiler’s Notes: The repealed section pertained to suspension of license and registration.
257.517 Proof of financial responsibility; alternative methods. Sec. 517. Proof of financial responsibility when required under this chapter may be given by filing: 1. A certificate of insurance as provided in section 518 or section 519; or 2. A bond as provided in section 523; or 3. A certificate of deposit of money or securities […]
257.518 Proof of financial responsibility; certificate of insurance. Sec. 518. (a) Proof of financial responsibility may be furnished by filing with the secretary of state 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 […]
257.518a Commercial quadricycle; liability insurance; minimum limit. Sec. 518a. The owner of a commercial quadricycle shall furnish bodily injury and property damage liability insurance with a minimum combined single limit of $2,000,000.00 for all persons injured or for property damage. History: Add. 2015, Act 126, Imd. Eff. July 15, 2015
257.518b Satisfaction of financial responsibility requirements; types of automobile insurance; applicability of section to insurance obtained by transportation network company driver or transportation network company. Sec. 518b. (1) All of the following types of automobile insurance satisfy the financial responsibility requirements of this chapter: (a) During the time that a transportation network company driver is […]
257.519 Proof of financial responsibility; nonresident, compliance of insurance carrier. Sec. 519. (a) The nonresident owner of a motor vehicle not registered in this state may give proof of financial responsibility by filing with the secretary of state a written certificate or certificates of an insurance carrier authorized to transact business in the state in […]
257.520 Motor vehicle liability policy; definition; contents; coverage; limits; conditions; excess or additional coverage; reimbursement; proration; binder or indorsement. Sec. 520. (a) A “motor vehicle liability policy” as used in this chapter, shall mean an owner’s or an operator’s policy of liability insurance, certified as provided in section 518 or section 519 as proof of […]
257.521 Motor vehicle liability policy; notice of termination. Sec. 521. When an insurance carrier has certified a motor-vehicle liability policy under section 518 or section 519, the insurance so certified shall not be cancelled or terminated until at least 10 days after a notice of cancellation or termination of the insurance so certified shall be […]
257.522 Automobile insurance policies unaffected by chapter. Sec. 522. (a) This chapter shall not be held to apply to or affect policies of automobile insurance against liability which may now or hereafter be required by any other law of this state, and such policies, if they contain an agreement or are endorsed to conform with […]
257.523 Bond as proof of financial responsibility; satisfaction of judgment. Sec. 523. (a) The bond of a surety company, duly authorized to transact business within the state, or a bond, with at least 2 individual sureties, each owning real estate within this state, which real estate shall be scheduled in the bond and approved by […]
257.524 Money or securities as proof. Sec. 524. (a) The certificate of the state treasurer that the person named therein has deposited with him a sum of money or securities for money approved by him in the amounts as specified herein shall be taken as proof of financial responsibility. The state treasurer shall accept any […]
257.525 Owners’ proof for others. Sec. 525. Whenever any person required to give proof of financial responsibility hereunder is or later becomes an operator in the employ of any owner, or is or later becomes a member of the immediate family or household of the owner, the secretary of state shall accept proof given by […]
257.526 Substitution of proof. Sec. 526. The secretary of state shall consent to the cancellation of any bond or certificate of insurance or the secretary of state shall direct and the state treasurer shall return any money or securities to the person entitled thereto upon the substitution and acceptance of other adequate proof of financial […]
