South Carolina Code of Laws
Chapter 9 - Motor Vehicle Financial Responsibility Act
Section 56-9-540. Methods of proving financial responsibility.

Proof of financial responsibility when required under this chapter may be given by filing:
(1) A certificate of insurance as provided in Section 56-9-550 or Section 56-9-560;
(2) A bond as provided in Section 56-9-570; or
(3) A certificate of deposit of money or securities as provided in Section 56-9-580.
HISTORY: 1962 Code Section 46-747; 1952 (47) 1853.

Structure South Carolina Code of Laws

South Carolina Code of Laws

Title 56 - Motor Vehicles

Chapter 9 - Motor Vehicle Financial Responsibility Act

Section 56-9-10. Short title.

Section 56-9-20. Definitions.

Section 56-9-30. Chapter inapplicable to certain motor vehicles.

Section 56-9-40. Rights of conditional vendors, chattel mortgagees, or lessors not affected.

Section 56-9-50. Sale of vehicle when registration suspended not affected.

Section 56-9-60. Self-insurers for motor vehicles; determination of financial responsibility.

Section 56-9-80. General penalties for violations of chapter.

Section 56-9-90. Chapter as no bar to other remedies.

Section 56-9-100. Chapter is supplemental and cumulative.

Section 56-9-110. Reserved.

Section 56-9-120. Construction.

Section 56-9-330. Department of Motor Vehicles shall furnish abstracts of operating records; abstracts inadmissible as evidence.

Section 56-9-340. Surrender of license and registration; failure to surrender.

Section 56-9-350. Verification of insurance coverage form to be issued following certain accidents; effect of failure to return form; uninvestigated accidents.

Section 56-9-351. Deposit of security by owner following accident; suspension of license, registrations, and notice.

Section 56-9-352. Exceptions.

Section 56-9-353. Type and terms of policy or bond.

Section 56-9-354. Conditions for renewal of suspended license, registration, and operating privilege.

Section 56-9-355. Driver or owner involved in accident may not obtain license or registration without compliance with article.

Section 56-9-356. Transmittal of record of nonresident's suspension to officials in nonresident's state.

Section 56-9-357. Suspension of resident's license and registration upon notice of suspension in another state.

Section 56-9-358. Limit on security required; deposit.

Section 56-9-359. Reduction of amount of security.

Section 56-9-360. Security to be in custody of State Treasurer; applications to which security may be put; return.

Section 56-9-361. Employment of suspended driver as operator of vehicle; employer's proof of financial responsibility.

Section 56-9-362. Actions or findings of Department of Motor Vehicles and security as not constituting evidence of negligence.

Section 56-9-363. Forms and affidavits substantiating claims for damages; driver's license suspension hearings; appeals.

Section 56-9-410. Courts shall report nonpayment of judgments to Department of Motor Vehicles.

Section 56-9-420. Report to home state of nonpayment of judgment against nonresident.

Section 56-9-430. Suspension of driver's license or privilege and registration for nonpayment of judgment; special restricted driver's licenses.

Section 56-9-440. Suspension of driver's license or privilege and registration for nonpayment of judgment; exception when judgment creditor consents.

Section 56-9-450. Suspension of driver's license or privilege and registration for nonpayment of judgment; exception when insurance coverage proved.

Section 56-9-460. Permitting driver subject to suspension to operate vehicle of employer.

Section 56-9-470. Suspension to continue until judgment paid and financial responsibility proved; effect of discharge in bankruptcy.

Section 56-9-480. Satisfaction of judgments; payments sufficient to satisfy requirements.

Section 56-9-490. Installment payment of judgment; effect of default.

Section 56-9-500. Suspension of registration upon suspension or revocation of license; continuation of suspensions until financial responsibility proved.

Section 56-9-505. Waiver of financial responsibility requirements upon proof of payment of property tax.

Section 56-9-510. Suspension or revocation of nonresident's operating privilege upon conviction to continue until financial responsibility proved.

Section 56-9-520. Denial of license or registration upon certain convictions until financial responsibility proved.

Section 56-9-530. Special exception for certain first convictions for driving without driver's license.

Section 56-9-540. Methods of proving financial responsibility.

Section 56-9-550. Certificate or notice of insurance as proof; contents, terms, and cancellation.

Section 56-9-560. Certificate of insurance as proof; certificate furnished by nonresident; effect of default by unauthorized insurer.

Section 56-9-570. Bond as proof; qualifications of sureties; bond as lien on real estate of individual sureties; action on bond.

Section 56-9-580. Certificate of deposit of cash or securities as proof; amount; deposit held to satisfy judgment.

Section 56-9-590. Owner may give proof for employee or member of household; restrictions on license.

Section 56-9-600. Substitution of other adequate proof.

Section 56-9-610. Other proof may be required; suspension pending filing of proof.

Section 56-9-620. Cancellation or return of proof; waiver of requirements of filing proof.

Section 56-9-630. Re-establishment of cancelled or returned proof.