- (a) The Office of Driver Services shall, upon receipt of proper verification, disburse any or all of a security deposit if such disbursement is for the settlement of any claim arising from some person for whom the office is requiring security.
- (b) If such disbursement is for full settlement of an accident, then the residue of such deposit, if any, shall be refunded to the depositor.
- (c) If such disbursement is not for full settlement of the accident, then the residue shall be retained by the office.
Codification Notes: This section as promulgated prior to codification into the Code of Arkansas Rules provided as follows: "1-27-19-617 DEPARTMENT MAY DISBURSE SECURITY FOR SETTLEMENT"