Wis. Stat. § 344.30
Methods of giving proof of financial responsibility
Redline — January 1, 2003 → current.View current text →
Current — January 1, 2009
As of January 1, 2003
Whenever a person is required under ch. 343 or this chapter to give proof of financial responsibility for the future, such proof may be given by filing:
Whenever a person is required under ch. 343 or this chapter to give proof of financial responsibility for the future, such proof may be given by filing:
(1) Certification of insurance as provided in s. 344.31 or 344.32 ; or
(1) Certification of insurance as provided in s. 344.31 ; or
(2) A bond as provided in s. 344.36 ; or
(2) A bond as provided in s. 344.36 ; or
(3) A certificate of deposit of money or securities as provided in s. 344.37 ; or
(3) A certificate of deposit of money or securities as provided in s. 344.37 ; or
(4) A certificate of self-insurance as provided in s. 344.16 , 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 obligated to pay under a motor vehicle liability policy if it had issued such a policy to such self-insurer.
(4) A certificate of self-insurance as provided in s. 344.16 , 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 obligated to pay under a motor vehicle liability policy if it had issued such a policy to such self-insurer.
Official source: Wisconsin State Legislature. Reproduced from public-domain Wisconsin statutes; confirm against the official source for the current text. Not legal advice.