Code of Virginia (Last Updated:July 28, 2020) |
TITLE 46.2. Motor Vehicles |
SUBTITLE II. Titling, Registration and Licensure |
CHAPTER 3. Licensure of Drivers |
ARTICLE 15. Proof of Financial Responsibility |
SECTION 46.2-436. Methods of proving financial responsibility |
Proof of financial responsibility when required under this chapter may be given by proof that: 1. A policy or policies of motor vehicle liability insurance have been obtained and are in full force; 2. A bond has been duly executed; 3. A deposit has been made of money or securities; or 4. A self-insurance certificate has been filed, all as provided in this chapter. Code 1950, § 46-456; 1958, c. 541, § 46.1-468; 1989, c. 727. |