V C Section 16434 Proof by Bond

Proof by Bond

16434.  Proof of financial responsibility may be given by a bond. The bond shall be conditioned for the payment of the amount specified in Section 16430, and shall provide for the entry of judgment on motion of the state in favor of any holder of any final judgment on account of damages to property over seven hundred fifty dollars ($750) in amount, or injury to any person caused by the operation of the person's motor vehicle.

Amended Sec. 10, Ch. 766, Stats. 2002. Effective January 1, 2003.