(1) Upon receipt by the commissioner of a record of conviction of failing to show evidence of financial responsibility pursuant to § 55-12-139, the commissioner shall suspend the driver license of the person convicted of this offense.
(2) The person may obtain reinstatement of the person's driver license by meeting the following requirements: Submitting evidence of financial responsibility as required by this section; and
(3) Paying the fee provided for in § 55-12-129.
(4) After satisfying the requirements of subdivision (b)(1), the person will be entitled to the return of such operating privileges upon successfully passing a driver license examination.