- 1. Form and Execution of Notice of Insurance Cancellation. Notice of cancellation of insurance shall be accomplished by filing with the Department the form of notice set forth in Form K (See Form K in 38-447, Appendix). Insurance shall not be cancelled on less than thirty (30) days notice to the Department, said thirty (30) days to begin from the date Form K is received by the Department. The notice shall be duly completed and executed by the insurer or motor carrier.
- 2. Form and Execution of Notice of Surety Bond Cancellation. Notice of cancellation of a surety bond shall be accomplished by filing with the Department the form of notice set forth in Form L. (See Form L in 38-447, Appendix). The surety bond shall not be cancelled on less than thirty (30) days notice to the Department, said thirty (30) days to begin from the date Form L is received by the Department. The notice shall be duly completed and executed by the surety or motor carrier.
HISTORY: Added by State Register Volume 22, Issue No. 3, eff March 27, 1998.