- A. From its own records, the Department of Public Safety may verify the existence of security made in the form of a deposit or of self-insurance for which a certification has been made.
- B. The Department may, either at the time of registration or at other intervals thereafter as it may determine, forward copies of certifications to insurance companies and surety companies, as the case may be, for verification of the security certified to in policies or bonds issued by such companies. The companies thereafter and not later than thirty (30) days following receipt of such copies shall cause to be filed with the Department a written record of those certifications as respects which no policy or bond is applicable.
- C. Until July 1, 1991, the Department shall randomly verify the existence of security pursuant to the provisions of Section 47-7-603.1 of this title.
Amended by Laws 1988, SB 594, c. 243, § 1, eff. November 1, 1988; Amended by Laws 1990, HB 2155, c. 298, § 2.