financial responsibility acts
- financial responsibility acts
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Dictionary from West's Encyclopedia of American Law.
2005.
- financial responsibility acts
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State statutes that require owners of motor vehicles to produce proof of financial accountability as a condition to acquiring a license and registration so that judgments rendered against them arising out of the operation of the vehicles may be satisfied.
Short Dictionary of (mostly American) Legal Terms and Abbreviations.
Look at other dictionaries:
financial responsibility acts — State statutes which require owners of motor vehicles to produce proof of financial accountability as a condition to acquiring a license and registration so that judgments rendered against them arising out of the operation of the vehicles may be… … Black's law dictionary
financial responsibility acts — State statutes which require owners of motor vehicles to produce proof of financial accountability as a condition to acquiring a license and registration so that judgments rendered against them arising out of the operation of the vehicles may be… … Black's law dictionary
financial responsibility — Term commonly used in connection with motor vehicle insurance equivalents. See also financial responsibility acts … Black's law dictionary
financial responsibility — Term commonly used in connection with motor vehicle insurance equivalents. See also financial responsibility acts … Black's law dictionary
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assigned risk plan — In those states having compulsory motor vehicle insurance laws (i.e. financial responsibility laws), such statutes provide that persons who are otherwise unable to buy coverage (because of, e.g., poor driving records) may secure insurance through … Black's law dictionary
assigned risk plan — In those states having compulsory motor vehicle insurance laws (i.e. financial responsibility laws), such statutes provide that persons who are otherwise unable to buy coverage (because of, e.g., poor driving records) may secure insurance through … Black's law dictionary
