Texas Transportation Code 601.153 – Deposit of Security; Evidence of Financial Responsibility
Current as of: 2024 | Check for updates
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(a) The department may not suspend a driver’s license, vehicle registration, or nonresident’s privilege under this subchapter if the owner or operator:
(1) deposits with the department security in an amount determined to be sufficient under § 601.154 or 601.157 as appropriate; and
(2) files evidence of financial responsibility as required by this chapter.
(b) If the owner or operator chooses to establish financial responsibility under Subsection (a)(2) by filing evidence of motor vehicle liability insurance, the owner or operator must file a certificate of insurance for a policy that has a policy period of at least six months and for which the premium for the entire policy period is paid in full.
Terms Used In Texas Transportation Code 601.153
- 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.
- Person: includes corporation, organization, government or governmental subdivision or agency, business trust, estate, trust, partnership, association, and any other legal entity. See Texas Government Code 311.005
(c) Notwithstanding § 601.085, coverage for a motor vehicle under a motor vehicle liability policy for which a person files with the department a certificate of insurance under Subsection (b) may not be canceled unless:
(1) the person no longer owns the motor vehicle;
(2) the person dies;
(3) the person has a permanent incapacity that renders the person unable to drive the motor vehicle; or
(4) the person surrenders to the department the person’s driver’s license and the vehicle registration for the motor vehicle.