financial responsibility laws

financial responsibility laws
Statutes requiring proof of financial responsibility as a condition of the granting of a driver's license or certificate of registration; statutes providing for the suspension or revocation of a driver's license or certificate of registration for failure to satisfy a final judgment or furnish proof of responsibility after an accident or a violation of a motor vehicle statute. 7 Am J2d Auto § 135. Statutes requiring insurance as a condition of the operation of a motor vehicle. See compulsory insurance.

Ballentine's law dictionary. . 1998.

Игры ⚽ Нужна курсовая?

Look at other dictionaries:

  • Financial Responsibility Clause — A provision within an automobile insurance policy which indicates that the policy holder has the minimum amount of coverage required by the state that he or she is driving in. Financial responsibility clauses are used to ensure that the driver… …   Investment dictionary

  • Financial Responsibility Law — A law which requires an individual to prove that he or she is able to pay for damages resulting from an accident. A financial responsibility law does not specifically require the individual to have insurance coverage; instead, the law requires… …   Investment dictionary

  • responsibility laws — See financial responsibility laws …   Ballentine's law dictionary

  • financial responsibility clause — Provision in automobile insurance policy stating that the insured has at least the minimum amount of coverage required by state financial responsibility laws …   Black's law dictionary

  • financial responsibility clause — Provision in automobile insurance policy stating that the insured has at least the minimum amount of coverage required by state financial responsibility laws …   Black's law dictionary

  • Aircraft Financial Responsibility Act — A uniform statute, prepared by the National Conference of Commissioners on Uniform State Laws, which, by 1965, had been adopted in Massachusetts, Michigan, New Hampshire, and Connecticut. Am J2d Desk Book, Document No. 129 …   Ballentine's law dictionary

  • Financial history of the Dutch Republic — describes the history of the interrelated development of financial institutions in the Dutch Republic. The rapid economic development of the country after the Dutch Revolt in the years 1585 1620, described in Economic History of the Netherlands… …   Wikipedia

  • Electric bicycle laws — Canada, Europe and the United States have all passed legislation regarding electric bicycles. Most jurisdictions recognize these as distinct from existing moped and motorcycle classifications because they are more akin to bicycles than their… …   Wikipedia

  • consumer protection laws — n. Federal and state laws regulating sales and credit practices, intended to protect consumers from deceptive advertising, poor quality, dishonest credit and debt practices, and other dangers facing retail consumers who cannot engage in arm’s… …   Law dictionary

  • Corporate social responsibility — For other types of responsibility, see Responsibility (disambiguation). Corporate social responsibility (CSR, also called corporate conscience, corporate citizenship, social performance, or sustainable responsible business)[1] is a form of… …   Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”