1. (a)

   1. (1) The driver and owner of a motor vehicle involved in an accident as described in this Act shall be the only person or persons required to deposit security.
   2. (2) However, any person or persons may deposit the security on behalf of either the driver or owner, or both.
2. (b) If security is deposited for one and not the other, then the depositor shall indicate such designation in writing, or the Office of Driver Services shall apply such deposit for both the owner and driver.

3. (c)

   1. (1) If at any time the depositor wishes to retract the deposit from either the driver or owner, then he or she may do so, but such designation must be in writing.
   2. (2) However, the depositor may not retract the deposit for both the driver and owner except as through such methods as described in this Act, Arkansas Code §§ 27-19-614, 27-19-617, and 27-19-618.
4. (d) Exclusion of either driver or owner from the security deposit may be determined by the office after a hearing.

Codification Notes: This section as promulgated prior to codification into the Code of Arkansas Rules provided as follows: "1-27-19-606 SECURITY DEPOSIT DESIGNATION"