Kentucky Statutes 281.656 – Abatement and suspension of operating rights upon cancellation of bond or insurance policy
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Upon the cancellation of any bond or insurance policy required by KRS § 281.655, all operating rights granted by the certificate for which said bond or insurance policy was filed shall immediately abate and be suspended; provided, however, that if the bond or insurance policy is reinstated within one hundred eighty (180) days from the date of cancellation the operating rights granted by the certificate shall again be in force and effect, otherwise they shall become void. Upon the event of the cancellation of any bond or insurance policy or upon the event of any order of the department cancelling or suspending the operating rights granted by any certificate, all operations conducted under authority of the affected certificate shall cease and the department may require, through its agents, the surrender of all certificates, licenses, and other evidence of right to act as a motor carrier.
Effective: June 24, 2015
History: Amended 2015 Ky. Acts ch. 19, sec. 16, effective June 24, 2015. — Created
1954 Ky. Acts ch. 188, sec. 12.
Effective: June 24, 2015
Terms Used In Kentucky Statutes 281.656
- Certificate: means a certificate of compliance issued under this chapter to motor carriers. See Kentucky Statutes 281.010
- Department: means the Department of Vehicle Regulation. See Kentucky Statutes 281.010
- 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.
- Motor carrier: means any person in either a private or for-hire capacity who owns, controls, operates, manages, or leases, except persons leasing to authorized motor carriers, any motor vehicle for the transportation of passengers or property upon any highway, and any person who engages in the business of automobile utility trailer lessor, vehicle towing, driveaway, or U-Drive-It. See Kentucky Statutes 281.010
History: Amended 2015 Ky. Acts ch. 19, sec. 16, effective June 24, 2015. — Created
1954 Ky. Acts ch. 188, sec. 12.