The director shall consent to the cancellation of a certificate of insurance or shall direct and the state treasurer shall return any monies or certificates of deposit to the person entitled to the monies or certificates of deposit on the substitution and acceptance of other adequate proof of financial responsibility pursuant to this chapter.

Terms Used In Arizona Laws 28-4086

  • Director: means the director of the department of transportation. See Arizona Laws 28-101
  • Person: includes a corporation, company, partnership, firm, association or society, as well as a natural person. See Arizona Laws 1-215
  • Proof of financial responsibility: means proof of ability to respond in damages for liability on account of accidents occurring after the effective date of the proof and arising out of the ownership, maintenance or use of a motor vehicle, in the amounts required by section 28-4009 or 28-4033. See Arizona Laws 28-4001
  • State: means a state, territory or possession of the United States, the District of Columbia or a province of the Dominion of Canada. See Arizona Laws 28-4001
  Previous section
Next section  
 Article 3 Contents