Proof of financial responsibility when required under this chapter, with respect to such a vehicle or with respect to a person who is not the owner of such a vehicle, may be given by filing:

(1) A certificate of insurance as provided in § 32-35-65 or 32-35-66; or

Ask an insurance law question, get an answer ASAP!
Click here to chat with a lawyer about your rights.

Terms Used In South Dakota Codified Laws 32-35-64

  • Person: includes natural persons, partnerships, associations, cooperative corporations, limited liability companies, and corporations. See South Dakota Codified Laws 2-14-2

(2) A bond as provided in § 32-35-83; or

(3) A certificate of deposit of money or securities as provided in § 32-35-87; or

(4) A certificate of selfinsurance, as provided in §§ 32-35-90 and 32-35-91, supplemented by an agreement by the selfinsurer that, with respect to accidents occurring while the certificate is in force, he will pay the same amounts that an insurer would have been obligated to pay under an owner’s motor vehicle liability policy if it had issued such a policy to said selfinsurer.

Source: SL 1957, ch 212, § 47; SDC Supp 1960, § 44.03A47.