27 CAR § 30-167. Office may disburse security for settlement

(a) The Office of Driver Services shall, upon receipt of proper verification, disburse any or all of a security deposit if such disbursement is for the settlement of any claim arising from some person for whom the office is requiring security. (b) If such disbursement is for full settlement of an accident, then the residue of such deposit, if any, shall be refunded to the depositor. (c) If such disbursement is not for full settlement of the accident, then the residue shall be retained by the office.