§ 31-32-2. “Proof of financial responsibility for the future” defined.
(a) “Proof of financial responsibility for the future”, as used in this chapter, means proof of ability to respond in damages for liability, on account of accidents occurring subsequent to the effective date of the proof, arising out of the ownership, maintenance, or use of a vehicle of a type subject to registration under the laws of this state, in the amount of twenty-five thousand dollars ($25,000) because of bodily injury to or death of one person in any one accident, and, subject to the limit for one person, in the amount of fifty thousand dollars ($50,000) because of bodily injury to or death of two (2) or more persons in any one accident, and in the amount of twenty-five thousand dollars ($25,000) because of injury to or destruction of property of others in any one accident or seventy-five thousand dollars ($75,000) combined single limit.
(b) Wherever used in this chapter, “proof of financial responsibility” or “proof ” is synonymous with the term “proof of financial responsibility for the future”.
History of Section.P.L. 1952, ch. 3002, § 1; G.L. 1956, § 31-31-2; P.L. 1962, ch. 204, § 2; G.L. 1956, § 31-32-2; P.L. 1964, ch. 171, § 2; P.L. 1968, ch. 7, § 1; P.L. 1976, ch. 314, § 1; P.L. 1988, ch. 81, § 2; P.L. 1991, ch. 167, § 3.
Structure Rhode Island General Laws
Title 31 - Motor and Other Vehicles
Chapter 31-32 - Proof of Financial Responsibility for the Future
Section 31-32-1. - Applicability.
Section 31-32-2. - “Proof of financial responsibility for the future” defined.
Section 31-32-3. - Definitions.
Section 31-32-4. - Proof required under certain circumstances.
Section 31-32-5. - Suspension until proof furnished.
Section 31-32-6. - Action in respect to unlicensed person.
Section 31-32-7. - Action in respect to nonresidents.
Section 31-32-8. - Courts to report nonpayment of judgments.
Section 31-32-9. - Division of motor vehicles to notify licensing state.
Section 31-32-10. - Suspension for nonpayment of judgment.
Section 31-32-11. - Exception in relation to certain vehicles.
Section 31-32-12. - Exception when consent granted by judgment creditor.
Section 31-32-13. - Exception when insurer liable.
Section 31-32-14. - Duration of suspension for unsatisfied judgment.
Section 31-32-15. - Discharge in bankruptcy.
Section 31-32-16. - Payment sufficient to satisfy requirements.
Section 31-32-17. - Installment payment of judgments.
Section 31-32-18. - Action on default.
Section 31-32-19. - Proof required for each registered vehicle.
Section 31-32-20. - Alternate methods of giving proof.
Section 31-32-21. - Certificate of insurance as proof.
Section 31-32-22. - Certificate furnished by nonresident as proof.
Section 31-32-23. - Default by nonresident insurer.
Section 31-32-24. - “Motor vehicle liability policy” defined.
Section 31-32-25. - Notice of cancellation or termination of certified policy.
Section 31-32-26. - Chapter not to affect other policies.
Section 31-32-27. - Bond as proof.
Section 31-32-28. - Recorded bond constitutes a lien.
Section 31-32-29. - Action on bond.
Section 31-32-30. - Money or securities as proof.
Section 31-32-31. - Application of deposit.
Section 31-32-32. - Owner may give proof for others.
Section 31-32-33. - Substitution of proof.
Section 31-32-34. - Requiring additional proof.
Section 31-32-35. - Duration of proof — Cancellation or return.