Indiana Code 9-25-3-3. Substitution and acceptance of other adequate proof of financial responsibility; bond cancellation; return of insurance certificate; return of money or securities

Current as of: 2023 | Check for updates | Other versions

Sec. 3. (a) The bureau shall:

(1) cancel a bond;

(2) return a certificate of insurance; or

(3) direct the treasurer of state to return money or securities to the person entitled to the money or securities;

upon the substitution and acceptance of other adequate proof of financial responsibility under this article.

(b) The treasurer of state shall return the money or securities requested when directed to return the money or securities under subsection (a).

[Pre-1991 Recodification Citation: 9-2-1-26.]

As added by P.L.2-1991, SEC.13.