RCW 46.29.550
Money or securities as proof.
Proof of financial responsibility may be evidenced by the certificate of the department that the person named therein has deposited with him or her sixty thousand dollars in cash, or securities such as may legally be purchased by savings banks or for trust funds of a market value of sixty thousand dollars. The department shall not accept any such deposit and issue a certificate therefor and the department shall not accept such certificate unless accompanied by evidence that there are no unsatisfied judgments of any character against the depositor in the county where the depositor resides.
[ 2014 c 17 § 1; 2010 c 8 § 9046; 1980 c 117 § 7; 1967 ex.s. c 3 § 5; 1963 c 169 § 55.]
NOTES:
Effective date—1980 c 117: See note following RCW 48.22.030.
Effective date—1967 ex.s. c 3: See note following RCW 46.29.090.
Structure Revised Code of Washington
Chapter 46.29 - Financial Responsibility.
46.29.030 - Director to administer chapter.
46.29.033 - Application of chapter to RCW 48.177.010.
46.29.050 - Furnishing driving record and evidence of ability to respond in damages—Fees.
46.29.070 - Department to determine amount of security required—Notices.
46.29.080 - Exceptions as to requirement of security.
46.29.090 - Requirements as to policy or bond.
46.29.100 - Form and amount of security.
46.29.110 - Failure to deposit security—Suspensions.
46.29.120 - Release from liability.
46.29.130 - Adjudication of nonliability.
46.29.140 - Agreements for payment of damages.
46.29.150 - Payment upon judgment.
46.29.160 - Termination of security requirement.
46.29.170 - Duration of suspension.
46.29.190 - Authority of department to decrease amount of security.
46.29.200 - Correction of action by department.
46.29.210 - Custody of security.
46.29.220 - Disposition of security.
46.29.230 - Return of deposit.
46.29.240 - Certain matters not evidence in civil suits.
46.29.260 - "Proof of financial responsibility for the future" defined.
46.29.270 - "Judgment," "state" defined.
46.29.280 - Suspension continues until proof furnished.
46.29.290 - Action in respect to unlicensed person.
46.29.300 - Action in respect to nonresidents.
46.29.310 - When judgment creditors to report nonpayment of judgments.
46.29.320 - Further action with respect to nonresidents.
46.29.330 - Suspension for nonpayment of judgments.
46.29.340 - Exception in relation to government vehicles.
46.29.350 - Exception when consent granted by judgment creditor.
46.29.360 - Exception when insurer liable.
46.29.370 - Suspension continues until judgments paid and proof given.
46.29.390 - Payments sufficient to satisfy requirements.
46.29.400 - Installment payment of judgments—Default.
46.29.410 - Action if breach of agreement.
46.29.420 - Proof required in addition to deposit of security after accident.
46.29.430 - Additional proof required—Suspension or revocation for failure to give proof.
46.29.440 - Additional proof required—Suspension to continue until proof given and maintained.
46.29.450 - Alternate methods of giving proof.
46.29.460 - Certificate of insurance as proof.
46.29.470 - Certificate furnished by nonresident as proof.
46.29.480 - Default by nonresident insurer.
46.29.490 - "Motor vehicle liability policy" defined.
46.29.500 - Notice of cancellation or termination of certified policy.
46.29.510 - Chapter not to affect other policies.
46.29.530 - When bond constitutes a lien.
46.29.550 - Money or securities as proof.
46.29.560 - Application of deposit.
46.29.570 - Owner may give proof for others.
46.29.580 - Substitution of proof.
46.29.590 - Other proof required, when.
46.29.600 - Duration of proof—When proof may be canceled or returned.
46.29.605 - Suspension of registration, notice—Surrender of license plates—Penalties.
46.29.610 - Surrender of license—Penalty.
46.29.620 - Forged proof—Penalty.
46.29.640 - Chapter not to prevent other process.