321A.9 Form and amount of security.
1. The security required under sections 321A.4 through 321A.8, this section, and sections 321A.10 and 321A.11 shall be in such form and in such amount as the department may require but in no case in excess of the limits specified in section 321A.5 in reference to the acceptable limits of a policy or bond. The person depositing security shall specify in writing the person or persons on whose behalf the deposit is made and, at any time while such deposit is in the custody of the department or state treasurer, the person depositing it may, in writing, amend the specification of the person or persons on whose behalf the deposit is made to include an additional person or persons; provided, however, that a single deposit of security shall be applicable only on behalf of persons required to furnish security because of the same accident.
2. The department may reduce the amount of security ordered in any case within six months after the date of the accident if, in the department’s judgment, the amount ordered is excessive. In case the security originally ordered has been deposited the excess deposited over the reduced amount ordered shall be returned to the depositor or the depositor’s personal representative forthwith, notwithstanding the provisions of section 321A.10.
[C50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §321A.9]
92 Acts, ch 1175, §43; 2014 Acts, ch 1092, §82
Referred to in §321A.2, 321A.8, 321A.10, 321A.11
Structure Iowa Code
Chapter 321A - MOTOR VEHICLE FINANCIAL RESPONSIBILITY
Section 321A.2 - Department to administer chapter — judicial review.
Section 321A.3 - Abstract of operating record — fees to be charged and disposition of fees.
Section 321A.4 - Effect of failure to report accidents.
Section 321A.5 - Security required following accident — exceptions.
Section 321A.6 - Exceptions to requirement of security.
Section 321A.7 - Duration of suspension.
Section 321A.8 - Application to unlicensed drivers and unregistered motor vehicles.
Section 321A.9 - Form and amount of security.
Section 321A.10 - Custody, disposition, and return of security.
Section 321A.11 - Matters not to be evidence in civil suits.
Section 321A.12 - Courts to report nonpayment of judgments.
Section 321A.13 - Suspension for nonpayment of judgments — exceptions.
Section 321A.14 - Suspension to continue until judgments paid and proof given.
Section 321A.15 - Payments sufficient to satisfy requirements.
Section 321A.16 - Installment payment of judgments — default.
Section 321A.17 - Proof required upon certain convictions.
Section 321A.18 - Alternate methods of giving proof.
Section 321A.19 - Certificate of insurance as proof.
Section 321A.20 - Certificate furnished by nonresident as proof.
Section 321A.21 - “Motor vehicle liability policy” defined.
Section 321A.22 - Notice of cancellation or termination of certified policy.
Section 321A.23 - Chapter not to affect other policies.
Section 321A.24 - Bond as proof.
Section 321A.25 - Certificate of deposit as proof.
Section 321A.26 - Owner may give proof for others.
Section 321A.27 - Substitution of proof.
Section 321A.28 - Other proof may be required.
Section 321A.29 - Duration of proof — when proof may be canceled or returned.
Section 321A.30 - Rights not affected.
Section 321A.31 - Surrender of license and registration.
Section 321A.32 - Other violations — penalties.
Section 321A.32A - Civil penalty — disposition — reinstatement.
Section 321A.34 - Self-insurers.
Section 321A.36 - Chapter not to prevent other process.
Section 321A.37 - Uniformity of interpretation.