Oklahoma Statutes (Last Updated: September 18, 2014)

§ 47-7-214. Authority of Department to decrease amount of security.

Latest version.

The Department of Public Safety may reduce the amount of security ordered in any case within one (1) year after the date of the accident if in its judgment the amount ordered is excessive. In case the security originally ordered has been deposited, the excess deposit over the reduced amount ordered shall be returned forthwith to the depositor or the personal representative of the depositor.

Added by Laws 1961, p. 357, § 7-214. Amended by Laws 2009, c. 62, § 12, eff. Nov. 1, 2009.

                    
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