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                                  HOUSE BILL 1116

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State of Washington              52nd Legislature             1991 Regular Session

 

By Representatives R. Meyers, Appelwick, R. Fisher, Wood, Paris and Edmondson; by request of Department of Licensing.

 

Read first time January 21, 1991.  Referred to Committee on Transportation.Authorizing alternative forms of financial responsibility.


     AN ACT Relating to proof of financial responsibility; and amending RCW 46.29.450.

 

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF WASHINGTON:

 

     Sec. 1.  RCW 46.29.450 and 1963 c 169 s 45 are each amended to read as follows:

     Proof of financial responsibility when required under this chapter, with respect to such a vehicle or with respect to a person who is not the owner of such a vehicle, may be given by filing:

     (1) A certificate of insurance as provided in RCW 46.29.460 or 46.29.470;

     (2) A bond as provided in RCW 46.29.520;

     (3) A certificate of deposit of money or securities as provided in RCW 46.29.550; ((or))

     (4) A certificate of self-insurance, as provided in RCW 46.29.630, supplemented by an agreement by the self-insurer that, with respect to accidents occurring while the certificate is in force, he will pay the same amounts that an insurer would have been obliged to pay under an owner's motor vehicle liability policy if it had issued such a policy to said self-insurer; or

     (5) A copy of an insurance identification card establishing compliance with chapter 46.30 RCW.  The method of filing proof of financial responsibility provided for in this subsection is not available to a person who has knowingly provided false evidence of financial responsibility, or who is required to file proof of financial responsibility after a suspension or revocation under RCW 46.61.515.