Oklahoma Statutes (Last Updated: September 18, 2014)

§ 47-7-320. Alternate methods of giving proof.

Latest version.

Proof of financial responsibility when required under this article, with respect to a vehicle or with respect to a person who is not the owner of a vehicle, may be given by filing:
1. A security verification form as defined in Section 7-600 of this title;
2. A certificate of deposit of money or securities as provided in Section 7-330 of this title; or
3. A certificate of self-insurance, as provided in Section 7-503 of this title, supplemented by an agreement by the self-insurer that, with respect to accidents occurring while the certificate is in force, the self-insurer will pay the same amounts that an insurer would have been obliged to pay under a motor vehicle liability policy if the insurance carrier had issued a policy to the self-insurer.

Added by Laws 1961, p. 361, § 7-320. Amended by Laws 1994, c. 181, § 9, eff. Sept. 1, 1994; Laws 2009, c. 62, § 22, eff. Nov. 1, 2009.

                    
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