Requirement of Financial Responsibility

Tex. Transportation Code § 601.051, under Motor Vehicle Safety Responsibility Act.

Tex. Transportation Code § 601.051

Sec. 601.051. REQUIREMENT OF FINANCIAL RESPONSIBILITY. A person may not operate a motor vehicle in this state unless financial responsibility is established for that vehicle through: (1) a motor vehicle liability insurance policy that complies with Subchapter D; (2) a surety bond filed under Section 601.121; (3) a deposit under Section 601.122; (4) a deposit under Section 601.123; or (5) self-insurance under Section 601.124. Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.