Effective: August 1, 2003
Latest Legislation: House Bill 95 - 125th General Assembly
Upon acceptance of a bond with individual sureties, the registrar of motor vehicles shall forward to the county recorder of the county in which the sureties' real estate is located a notice of such deposit and pay the recorder a base fee of five dollars for filing and indexing the notice and a housing trust fund fee of five dollars pursuant to section 317.36 of the Revised Code. The recorder shall receive and file such notice and keep and index the same. Such bond shall constitute a lien in favor of the state upon the real estate so scheduled or any surety, and the lien shall exist in favor of any holder of a final judgment against the person who has filed the bond, for damages, including damages for care and loss of services, because of bodily injury to or death of any person, or for damage because of injury to property, including the loss of use thereof, resulting from the ownership, maintenance, or use of a motor vehicle after such bond was filed, upon the filing of notice to that effect by the registrar with the county recorder as provided in this section.
Structure 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 4509.26 | 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 4509.36 | Copies of Judgments Sent to Other States.
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.