After one judgment is satisfied and proof of financial responsibility is given as required in this article and another such judgment is rendered against the judgment debtor for any accident occurring prior to the date of the giving of said proof and such person fails to satisfy the latter judgment within the amounts specified in this article within thirty days after the same becomes final, the director shall again suspend the license of such judgment debtor and shall not renew the same nor issue to the judgment debtor any license while such latter judgment remains in effect and unsatisfied within the amounts specified in this article.
Source: L. 94: Entire title amended with relocations, p. 2481, § 1, effective January 1, 1995.
Structure Colorado Code
Title 42 - Vehicles and Traffic
Article 7 - Motor Vehicle Financial Responsibility Law
Part 4 - Proof of Financial Responsibility - Judgments and Convictions
§ 42-7-401. Proof Required on Judgments
§ 42-7-402. Suspension, Duration, Bankruptcy
§ 42-7-403. Sufficiency of Payments
§ 42-7-404. Payment of Judgment in Installments
§ 42-7-405. Suspension Upon Second Judgment
§ 42-7-406. Proof Required Under Certain Conditions
§ 42-7-407. Duty of Courts to Report
§ 42-7-408. Proof of Financial Responsibility - Methods of Giving Proof - Duration - Exception
§ 42-7-409. Proof for Member of Family or Chauffeur
§ 42-7-410. Certificate for Insurance Policy
§ 42-7-411. Restrictions in Certain Type of Policy
§ 42-7-412. Certificate Furnished by Nonresident
§ 42-7-413. Motor Vehicle Liability Policy
§ 42-7-414. Requirements to Be Complied With
§ 42-7-415. When Insurance Carrier to Issue Certificate
§ 42-7-416. Notice Required Upon Cancellation
§ 42-7-417. Article Not to Affect Other Policies
§ 42-7-418. Money - Securities for Financial Responsibility
§ 42-7-419. Substitution of Proof
§ 42-7-420. Failure of Proof - Other Proof
§ 42-7-421. When Director May Release Proof of Financial Responsibility