2023 House Bill 1211 - SD Legislature provide a penalty schedule for failure to maintain financial responsibility on a motor vehicle.

2023 South Dakota Legislature

House Bill 1211

An Act to provide a penalty schedule for failure to maintain financial responsibility on a motor vehicle.

Be it enacted by the Legislature of the State of South Dakota:

Section 1. That   32-35-113 be AMENDED:

32-35-113. Every driver or owner of a motor vehicle shall at all times maintain in force one of the following forms of financial responsibility on the motor vehicle by one of the following methods:

(1) Having in force on the motor vehicle anAn owner's policy of liability insurance as provided in    32-35-70;

(2) Having in force aA bond as provided in    32-35-83;

(3) Having aA certificate of deposit of money or securities as provided in    32-35-87, but in the amount of fifty thousand dollars; or

(4) Having aA certificate of self   insurance, as provided in      32-35-90 and 32-35-91, supplemented by an agreement by the self   insurer that, with respect to accidents occurring while the certificate is in force, he the self-insurer will pay the same amounts that an amount the self-insurer would have been obligated to pay under an owner's motor vehicle liability policy if it had issued such a policy to said the self   insurer.

Failure to maintain financial responsibility is a Class 2 misdemeanor. A second violation of this section is a Class 1 misdemeanor. Any third or subsequent violation is a Class 6 felony.

Statutes affected:
Introduced, 02/01/2023: 32-35-113