Methods of proving financial responsibility

Note: This version of section effective until 1-1-2028. See also following version of this section, effective 1-1-2028. Sec. 7. (a) Proof of financial responsibility as requested by the bureau: (1) must be in effect on the date of the request; and (2) may be given by any of the following methods: (A) Proof that a policy or policies of operator or motor vehicle liability insurance, as applicable, have been obtained and are in full force and effect. (B) Proof that a bond has been duly executed. (C) Proof that deposit has been made of money or securities. (b) Proof of financial responsibility as requested by a law enforcement officer: (1) must be in effect on the date of the request; and (2) may be provided in a paper or electronic format. For purposes of this subdivision, electronic formats include the display of an electronic image on a telecommunications device. [Pre-1991 Recodification Citation: 9-2-1-16.] As added by P.L.2-1991, SEC.13. Amended by P.L.59-2013, SEC.9.