The Commissioner shall consent to the cancellation of any bond or certificate of insurance or the Commissioner shall direct and the State Treasurer shall return any money or securities to the person entitled thereto upon the substitution and acceptance of other adequate proof of financial responsibility pursuant to this Article.
N.C. Gen. Stat. § 20-279.27
Substitution of proof
Known as the Motor Vehicle Safety-Responsibility Act
The act spans §§ 20-279.1 to 20-279.9 (41 sections).
1953, c. 1300, s. 27.
Official source: North Carolina General Assembly. Reproduced from public-domain North Carolina statutes; confirm against the official source for the current text. Not legal advice.