Va. Code § 46.2-453

Current with changes from the 2024 legislative session through ch. 845

Section 46.2-453 - Proof of financial responsibility by delivering cash or securities

A person may give proof of financial responsibility by delivering to the Commissioner cash or securities equal to the sum of the liability coverage required for bodily injury or death of two or more persons in any one accident and injury to or destruction of property of others in any one accident as prescribed by § 46.2-472. Securities so deposited shall be such as public bodies may invest in according to § 2.2-4500.

Va. Code § 46.2-453

Code 1950, § 46-474; 1954, c. 378; 1958, cc. 501, 541, § 46.1-485; 1968, c. 685; 1978, c. 220; 1980, c. 484; 1986, c. 16; 1989, c. 727.

Amended by Acts 1989, c. 727.

Amended by Acts 1986, c. 16.

Amended by Acts 1980, c. 484.

Amended by Acts 1978, c. 220.

Amended by Acts 1968, c. 685.

Amended by Acts 1958, § cc. 501, 541, § 46.1-485.

Amended by Acts 1954, c. 378.