(1) Upon substitution and acceptance of other adequate proof of financial responsibility pursuant to this chapter, or
(2) In the event of the death of the person on whose behalf the proof was filed, or the permanent incapacity of such person to operate a motor vehicle, or
(3) In the event the person who has given proof of financial responsibility surrenders his or her license and all registrations to the department; providing, however, that no notice of court action has been filed with the department, a judgment in which would result in claim on such proof of financial responsibility.
This section shall not apply to security as specified in s. 324.061 deposited pursuant to s. 324.051(2)(a)4.
History.—s. 1, ch. 29963, 1955; ss. 13, 35, ch. 69-106; s. 7, ch. 77-118; s. 36, ch. 95-143; s. 439, ch. 95-148; s. 89, ch. 2013-160.
Note.—Former s. 324.14.
Structure Florida Statutes
Chapter 324 - Financial Responsibility
324.021 - Definitions; Minimum Insurance Required.
324.022 - Financial Responsibility for Property Damage.
324.023 - Financial Responsibility for Bodily Injury or Death.
324.031 - Manner of Proving Financial Responsibility.
324.032 - Manner of Proving Financial Responsibility; For-Hire Passenger Transportation Vehicles.
324.051 - Reports of Crashes; Suspensions of Licenses and Registrations.
324.061 - Security Deposited With Department of Highway Safety and Motor Vehicles; Release.
324.071 - Reinstatement; Renewal of License; Reinstatement Fee.
324.072 - Proof Required Upon Certain Convictions.
324.081 - Nonresident Owner or Operator.
324.091 - Notice to Department; Notice to Insurer.
324.101 - Compliance Before License or Registration Allowed.
324.111 - Failure to Satisfy Judgment; Copy to Department.
324.121 - Suspension of License and Registration.
324.131 - Period of Suspension.
324.141 - Installment Payments.
324.151 - Motor Vehicle Liability Policies; Required Provisions.
324.161 - Proof of Financial Responsibility; Deposit.
324.181 - Cancellation of Liability Policies; Plan for Apportionment of Certain Applicants.
324.191 - Consent to Cancellation; Direction to Return Money or Securities.
324.201 - Return of License or Registration to Department.
324.211 - Sale by Owner During Suspension; Rights of Conditional Vendors, Mortgagees, and Lessors.