California Government Code 8670.37.54 – (a) For the purposes of this chapter, financial responsibility …
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(a) For the purposes of this chapter, financial responsibility may be demonstrated by evidence of insurance, surety bond, letter of credit, qualifications as a self-insurer, or any combination thereof or other evidence of financial responsibility.
(b) In adopting requirements under this article, the administrator may specify policy or other contractual terms, conditions, or defenses which are necessary or which are unacceptable in establishing evidence of financial responsibility, in order to effectuate the purposes of this article.
Terms Used In California Government Code 8670.37.54
- Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
(Added by Stats. 1990, Ch. 1248, Sec. 17. Effective September 24, 1990.)