Ohio Revised Code
Chapter 4509 | Financial Responsibility
Section 4509.23 | Payment of Judgment.

Effective: October 1, 1953
Latest Legislation: House Bill 1 - 100th General Assembly
The payment in full of a judgment or payment on a judgment of an amount equivalent to the maximum which could be required for deposit under section 4509.15 of the Revised Code has the same effect as a release from liability under section 4509.21 of the Revised Code.

Structure Ohio Revised Code

Ohio Revised Code

Title 45 | Motor Vehicles-Aeronautics-Watercraft

Chapter 4509 | Financial Responsibility

Section 4509.01 | Financial Responsibility Definitions.

Section 4509.011 | Financial Responsibility of Minor Drivers.

Section 4509.02 | Judgment, State Definitions.

Section 4509.03 | Registrar of Motor Vehicles - Powers and Duties.

Section 4509.04 | Review of Registrar's Orders.

Section 4509.05 | Information Furnished by Registrar - Fee.

Section 4509.06 | Accident Report Alleging Uninsured Driver or Owner.

Section 4509.07 | Contents of Accident Report.

Section 4509.08 | Exception to Report Requirement.

Section 4509.10 | Use of Report.

Section 4509.101 | Operating of Motor Vehicle Without Proof of Financial Responsibility.

Section 4509.102 | Falsification.

Section 4509.103 | Insurer to Provide Financial Responsibility Identification Cards.

Section 4509.104 | Conspicuous Warning That Policy Does Not Meet Minimum Amounts.

Section 4509.11 | Application of Security Requirements.

Section 4509.12 | Security Deposit.

Section 4509.13 | Notice of Required Security Deposit.

Section 4509.14 | Reduction of Excessive Security - Return of Excess Deposit.

Section 4509.15 | Form and Amount of Security.

Section 4509.16 | Designation for Whom Security Deposit Made.

Section 4509.17 | License Suspension Upon Failure to Request Hearing or Deposit Security.

Section 4509.18 | License or Registration Denied Until Security Deposited.

Section 4509.19 | Exceptions to Security Deposit and Suspension.

Section 4509.20 | Requirements of Insurance or Bond Necessary to Excuse Deposit of Security.

Section 4509.21 | Release or Covenant Not to Sue - Minors.

Section 4509.22 | Adjudication of Nonliability.

Section 4509.23 | Payment of Judgment.

Section 4509.24 | Agreement by Parties - Effect of Breach.

Section 4509.25 | Registrar Shall Not Require Security Deposit of Relieved Person or Shall Return Security Deposit.

Section 4509.26 | Termination of Suspension.

Section 4509.27 | Security Deposit Fund.

Section 4509.28 | Application of Security Deposit Funds.

Section 4509.29 | Return of Deposit.

Section 4509.291 | Cooperation With Other States.

Section 4509.30 | Accident Report and Findings of Registrar Prohibited at Trial.

Section 4509.33 | Suspension of Nonresidents' Operating Privilege and Registration.

Section 4509.34 | Suspension of License Withdrawn.

Section 4509.35 | Registrar to Receive Copies of Judgments, Conviction of Nonresident or Order Forfeiture of Bail.

Section 4509.36 | Copies of Judgments Sent to Other States.

Section 4509.37 | Suspension of License and Registration, and Nonresident's Operating Privilege - Civil Penalties.

Section 4509.38 | Waiver by Judgment Creditor of Suspension Provision.

Section 4509.39 | No Suspension When Insurer Obligated.

Section 4509.40 | Suspension Continues Until Settlement of Judgment.

Section 4509.41 | Satisfaction of Judgments.

Section 4509.42 | Payment of Judgment in Installments.

Section 4509.44 | Proof of Financial Responsibility Required for Registration.

Section 4509.45 | Filing of Proof of Financial Responsibility.

Section 4509.46 | Certificate of Domestic Insurer as Proof.

Section 4509.47 | Proof of Financial Responsibility by Nonresident.

Section 4509.48 | Default by Insurance Carrier.

Section 4509.49 | Requirements for Motor-Vehicle Liability Policy.

Section 4509.50 | Requirements May Be Met by One or More Policies.

Section 4509.51 | Requirements for Owner's Liability Insurance.

Section 4509.52 | Requirements for Operator's Insurance.

Section 4509.53 | Provisions Incorporated Into Policy by Law.

Section 4509.54 | Permissible Exclusions of Liability Policies.

Section 4509.55 | Permissible Liability Provisions in Policy.

Section 4509.56 | Binder Fulfills Requirements.

Section 4509.57 | Notice Required to Terminate Insurance Certification.

Section 4509.58 | Policies Affected.

Section 4509.59 | Proof of Financial Responsibility Evidenced by Bond.

Section 4509.60 | Filing of Bond Constitutes Lien.

Section 4509.61 | Judgment Creditor May Bring Action Against Bond.

Section 4509.62 | Proof of Financial Responsibility Evidenced by Certificate of Treasurer of State.

Section 4509.63 | Security to Satisfy Certain Judgments.

Section 4509.64 | Proof of Financial Responsibility Given by Another.

Section 4509.65 | Substitution of Other Adequate Proof of Financial Responsibility.

Section 4509.66 | Suspension for Inadequate Proof of Financial Responsibility.

Section 4509.67 | Cancellation of Bond or Certificate - Waiver of Requirement of Filing Proof.

Section 4509.68 | Transfer of Registration Not Permitted - Exception.

Section 4509.69 | Registration and Plates to Be Returned to Registrar.

Section 4509.70 | Plan for Apportionment of Applicants for Insurance.

Section 4509.71 | Exemption of Certain Owners of Motor Vehicles.

Section 4509.72 | Requirements for Self-Insurer.

Section 4509.73 | Other Relief Not Prevented.

Section 4509.74 | Prohibition Against Failure to Report Accident.

Section 4509.77 | Prohibition Against Failure to Return License.

Section 4509.78 | General Prohibition.

Section 4509.79 | Liability Insurance for Motor Vehicles Used in Ridesharing Arrangement.

Section 4509.80 | Chauffeured Limousines.

Section 4509.81 | Suspension of Rights of Owner of Chauffeured Limousine - Request for Administrative Hearing.