Substitution of forms of proof of financial responsibility

The Department of Public Safety shall consent to the cancellation of any bond or certificate of insurance or the department 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 chapter. Source: SL 1957, ch 212 , § 60; SDC Supp 1960, § 44.03A60; SL 2004, ch 17 , § 175.