DIVISION 7. FINANCIAL RESPONSIBILITY LAWS 16000-16560›CHAPTER 3. Proof of Financial Responsibility 16430-16484›ARTICLE 1. Proof Requirements 16430-16436

§ 16434

California Vehicle Code · 2018-11 edition · updated 2026-10-04 · California

(a) Proof of financial responsibility may be given by a bond. The bond shall be conditioned for the payment of the amount specified in Section 16430, and shall provide for the entry of judgment on motion of the state in favor of any holder of any final judgment on account of damages to property over one thousand dollars ($1,000) in amount, or injury to any person caused by the operation of the person’s motor vehicle.

(b) This section shall become operative on January 1, 2017.

(Repealed (in Sec. 44) and added by Stats. 2015, Ch. 451, Sec. 45. (SB 491) Effective January 1, 2016. Section operative January 1, 2017, by its own provisions.)

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