California Law (Last Updated: March 4, 2014) |
Vehicle Code - VEH |
Division 7. FINANCIAL RESPONSIBILITY LAWS |
Chapter 3. Proof of Financial Responsibility |
ARTICLE 1. Proof Requirements |
Section 16435.
Latest version.
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Proof of financial responsibility may be given by the deposit of thirty-five thousand dollars ($35,000), as provided in Section 16054.2. The department shall not accept a deposit where any judgment theretofore obtained against that person as a result of damages arising from the operation of any motor vehicle shall not have been paid in full.
(Amended by Stats. 1989, Ch. 1157, Sec. 13.)