{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/46.2-453.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/46.2-453.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/46.2-453.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/46.2-453.html"}],"law_id":71761,"edition_id":1,"section_id":71761,"structure_id":13021,"section_number":"46.2-453","catch_line":"Proof of financial responsibility by delivering cash or securities","history":"Code 1950, \u00a7 46-474; 1954, c. 378; 1958, cc. 501, 541, \u00a7 46.1-485; 1968, c. 685; 1978, c. 220; 1980, c. 484; 1986, c. 16; 1989, c. 727.","full_text":"A person may give proof of financial responsibility by delivering to the Commissioner cash or securities equal to the sum of the liability coverage required for bodily injury or death of two or more persons in any one accident and injury to or destruction of property of others in any one accident as prescribed by \u00a7 46.2-472. Securities so deposited shall be such as public bodies may invest in according to \u00a7 2.2-4500.","order_by":null,"text":{"0":{"id":258539,"text":"A person may give proof of financial responsibility by delivering to the Commissioner cash or securities equal to the sum of the liability coverage required for bodily injury or death of two or more persons in any one accident and injury to or destruction of property of others in any one accident as prescribed by \u00a7 46.2-472. Securities so deposited shall be such as public bodies may invest in according to \u00a7 2.2-4500.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1}},"ancestry":[{"id":13021,"edition_id":1,"name":"Proof of Financial Responsibility","identifier":"15","label":"article","depth":4,"order_by":1,"parent_id":12772,"metadata":{},"date_created":"2026-06-26 03:44:09","date_modified":"2026-06-26 03:44:09","permalink":{"id":226003,"object_type":"structure","relational_id":13021,"identifier":"15","token":"46.2\/II\/3\/15","url":"\/46.2\/II\/3\/15\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12772,"edition_id":1,"name":"Licensure of Drivers","identifier":"3","label":"chapter","depth":3,"order_by":1,"parent_id":12771,"metadata":{},"date_created":"2026-06-26 03:43:52","date_modified":"2026-06-26 03:43:52","permalink":{"id":225629,"object_type":"structure","relational_id":12772,"identifier":"3","token":"46.2\/II\/3","url":"\/46.2\/II\/3\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12771,"edition_id":1,"name":"Titling, Registration and Licensure","identifier":"II","label":"subtitle","depth":2,"order_by":1,"parent_id":12770,"metadata":{},"date_created":"2026-06-26 03:43:52","date_modified":"2026-06-26 03:43:52","permalink":{"id":225627,"object_type":"structure","relational_id":12771,"identifier":"II","token":"46.2\/II","url":"\/46.2\/II\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12770,"edition_id":1,"name":"Motor Vehicles","identifier":"46.2","label":"title","depth":1,"order_by":1,"parent_id":null,"metadata":{},"date_created":"2026-06-26 03:43:52","date_modified":"2026-06-26 03:43:52","permalink":{"id":225289,"object_type":"structure","relational_id":12770,"identifier":"46.2","token":"46.2","url":"\/46.2\/","edition_id":1,"permalink":0,"preferred":1}}],"structure_contents":[{"id":56178,"structure_id":13021,"section_number":"46.2-435","catch_line":"Proof of financial responsibility to be furnished for each vehicle","url":"\/46.2-435\/","token":"46.2\/II\/3\/15\/46.2-435","metadata":false},{"id":86692,"structure_id":13021,"section_number":"46.2-436","catch_line":"Methods of proving financial responsibility","url":"\/46.2-436\/","token":"46.2\/II\/3\/15\/46.2-436","metadata":false},{"id":59435,"structure_id":13021,"section_number":"46.2-437","catch_line":"Proof of financial responsibility by owner in lieu of driver","url":"\/46.2-437\/","token":"46.2\/II\/3\/15\/46.2-437","metadata":false},{"id":81242,"structure_id":13021,"section_number":"46.2-438","catch_line":"Proof by owner of vehicles operated under permit or certificate of State Corporation Commission or Department of Motor Vehicles","url":"\/46.2-438\/","token":"46.2\/II\/3\/15\/46.2-438","metadata":false},{"id":59690,"structure_id":13021,"section_number":"46.2-439","catch_line":"Proof of financial responsibility in the future","url":"\/46.2-439\/","token":"46.2\/II\/3\/15\/46.2-439","metadata":false},{"id":76063,"structure_id":13021,"section_number":"46.2-440","catch_line":"Certificate for nonresident may be by carrier not qualified in Commonwealth","url":"\/46.2-440\/","token":"46.2\/II\/3\/15\/46.2-440","metadata":false},{"id":83456,"structure_id":13021,"section_number":"46.2-441","catch_line":"Nonresident may file proof of financial responsibility in the future from insurance company or other state-authorized entity providing insurance","url":"\/46.2-441\/","token":"46.2\/II\/3\/15\/46.2-441","metadata":false},{"id":82791,"structure_id":13021,"section_number":"46.2-442","catch_line":"Default of foreign insurance carrier","url":"\/46.2-442\/","token":"46.2\/II\/3\/15\/46.2-442","metadata":false},{"id":72138,"structure_id":13021,"section_number":"46.2-443","catch_line":"Chapter not applicable to certain policies of insurance","url":"\/46.2-443\/","token":"46.2\/II\/3\/15\/46.2-443","metadata":false},{"id":67708,"structure_id":13021,"section_number":"46.2-444","catch_line":"Surety requirements of bond","url":"\/46.2-444\/","token":"46.2\/II\/3\/15\/46.2-444","metadata":false},{"id":63707,"structure_id":13021,"section_number":"46.2-445","catch_line":"How bond to be conditioned","url":"\/46.2-445\/","token":"46.2\/II\/3\/15\/46.2-445","metadata":false},{"id":58275,"structure_id":13021,"section_number":"46.2-446","catch_line":"Notice to Commissioner prerequisite to cancellation of bond; cancellation not to affect rights arising prior thereto","url":"\/46.2-446\/","token":"46.2\/II\/3\/15\/46.2-446","metadata":false},{"id":67442,"structure_id":13021,"section_number":"46.2-447","catch_line":"Bond to constitute lien on real estate of surety","url":"\/46.2-447\/","token":"46.2\/II\/3\/15\/46.2-447","metadata":false},{"id":63036,"structure_id":13021,"section_number":"46.2-448","catch_line":"Notice of cancellation; record; fees","url":"\/46.2-448\/","token":"46.2\/II\/3\/15\/46.2-448","metadata":false},{"id":64220,"structure_id":13021,"section_number":"46.2-449","catch_line":"Cancellation of bond with individual sureties; certificates of cancellation","url":"\/46.2-449\/","token":"46.2\/II\/3\/15\/46.2-449","metadata":false},{"id":57185,"structure_id":13021,"section_number":"46.2-450","catch_line":"Order discharging lien of bond","url":"\/46.2-450\/","token":"46.2\/II\/3\/15\/46.2-450","metadata":false},{"id":70316,"structure_id":13021,"section_number":"46.2-451","catch_line":"Action or suit on bond","url":"\/46.2-451\/","token":"46.2\/II\/3\/15\/46.2-451","metadata":false},{"id":57448,"structure_id":13021,"section_number":"46.2-452","catch_line":"Parties to suit on bond with individual sureties","url":"\/46.2-452\/","token":"46.2\/II\/3\/15\/46.2-452","metadata":false},{"id":71761,"structure_id":13021,"section_number":"46.2-453","catch_line":"Proof of financial responsibility by delivering cash or securities","url":"\/46.2-453\/","token":"46.2\/II\/3\/15\/46.2-453","metadata":false},{"id":65751,"structure_id":13021,"section_number":"46.2-454","catch_line":"Moneys or securities to be deposited with State Treasurer subject to execution","url":"\/46.2-454\/","token":"46.2\/II\/3\/15\/46.2-454","metadata":false},{"id":74991,"structure_id":13021,"section_number":"46.2-455","catch_line":"Assessment for expense of holding deposits","url":"\/46.2-455\/","token":"46.2\/II\/3\/15\/46.2-455","metadata":false},{"id":54090,"structure_id":13021,"section_number":"46.2-456","catch_line":"Additional security if fund impaired by any legal process, or otherwise","url":"\/46.2-456\/","token":"46.2\/II\/3\/15\/46.2-456","metadata":false},{"id":62434,"structure_id":13021,"section_number":"46.2-457","catch_line":"Substitution of new proof; cancellation or return of old","url":"\/46.2-457\/","token":"46.2\/II\/3\/15\/46.2-457","metadata":false},{"id":80093,"structure_id":13021,"section_number":"46.2-458","catch_line":"Interpleader to determine rights in deposits; other proceedings","url":"\/46.2-458\/","token":"46.2\/II\/3\/15\/46.2-458","metadata":false},{"id":80162,"structure_id":13021,"section_number":"46.2-459","catch_line":"When other proof of financial responsibility required; suspension of license pending furnishing of proof required","url":"\/46.2-459\/","token":"46.2\/II\/3\/15\/46.2-459","metadata":false},{"id":59401,"structure_id":13021,"section_number":"46.2-460","catch_line":"When Commissioner to consent to cancellation of bond or policy, or return of money or securities","url":"\/46.2-460\/","token":"46.2\/II\/3\/15\/46.2-460","metadata":false},{"id":57581,"structure_id":13021,"section_number":"46.2-461","catch_line":"When Commissioner not to release proof of financial responsibility; affidavit of nonexistence of facts","url":"\/46.2-461\/","token":"46.2\/II\/3\/15\/46.2-461","metadata":false},{"id":67029,"structure_id":13021,"section_number":"46.2-462","catch_line":"New license or registration to person to whom proof surrendered","url":"\/46.2-462\/","token":"46.2\/II\/3\/15\/46.2-462","metadata":false},{"id":68440,"structure_id":13021,"section_number":"46.2-463","catch_line":"Penalty for forging evidence of financial responsibility","url":"\/46.2-463\/","token":"46.2\/II\/3\/15\/46.2-463","metadata":false}],"previous_section":{"id":57448,"structure_id":13021,"section_number":"46.2-452","catch_line":"Parties to suit on bond with individual sureties","url":"\/46.2-452\/","token":"46.2\/II\/3\/15\/46.2-452","metadata":false},"next_section":{"id":65751,"structure_id":13021,"section_number":"46.2-454","catch_line":"Moneys or securities to be deposited with State Treasurer subject to execution","url":"\/46.2-454\/","token":"46.2\/II\/3\/15\/46.2-454","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/46.2-453\/","history_text":"<p>The record of this law\u2019s original creation isn\u2019t available online. It has been modified 7 times. Those modifications are cataloged by \u201cThe Acts of Assembly,\u201d a state publication, by year and chapter. Those modifications that can be read on the General Assembly\u2019s website will be linked accordingly. Those modifications are as follows: in 1954, chapter 378; in 1958, chapters 501 and 541; in 1968, chapter 685; in 1978, chapter 220; in 1980, chapter 484; in 1986, chapter 16; in 1989, chapter 727.<\/p>","references":[{"id":76063,"section_number":"46.2-440","catch_line":"Certificate for nonresident may be by carrier not qualified in Commonwealth","order_by":null,"url":"\/46.2-440\/"}],"refers_to":[{"id":65575,"section_number":"2.2-4500","catch_line":"Legal investments for public sinking funds","order_by":null,"url":"\/2.2-4500\/"},{"id":54272,"section_number":"46.2-472","catch_line":"Coverage of owner's policy","order_by":null,"url":"\/46.2-472\/"}],"permalink":{"id":226077,"object_type":"law","relational_id":71761,"identifier":"46.2-453","token":"46.2\/II\/3\/15\/46.2-453","url":"\/46.2-453\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/46.2-453\/","token":"46.2\/II\/3\/15\/46.2-453","dublin_core":{"Title":"Proof of financial responsibility by delivering cash or securities","Type":"Text","Format":"text\/html","Identifier":"\u00a7 46.2-453","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t<section><p>A person may give proof of <span class=\"dictionary\">financial responsibility<\/span> by delivering to the <span class=\"dictionary\">Commissioner<\/span> cash or securities equal to the sum of the liability coverage required for bodily injury or death of two or more persons in any one accident and injury to or destruction of property of others in any one accident as prescribed by \u00a7&nbsp;<a class=\"law\" title=\"Coverage of owner&#039;s policy\" href=\"\/46.2-472\/\">46.2-472<\/a>. Securities so deposited shall be such as public bodies may invest in according to \u00a7&nbsp;<a class=\"law\" title=\"Legal investments for public sinking funds\" href=\"\/2.2-4500\/\">2.2-4500<\/a>.<\/p><\/section>","plain_text":"                                 CODE OF VIRGINIA\n\nPROOF OF FINANCIAL RESPONSIBILITY BY DELIVERING CASH OR SECURITIES (\u00a7 46.2-453)\n\nA person may give proof of financial responsibility by delivering to the\nCommissioner cash or securities equal to the sum of the liability coverage\nrequired for bodily injury or death of two or more persons in any one accident\nand injury to or destruction of property of others in any one accident as\nprescribed by \u00a7 46.2-472. Securities so deposited shall be such as public\nbodies may invest in according to \u00a7 2.2-4500.\n\nHISTORY: Code 1950, \u00a7 46-474; 1954, c. 378; 1958, cc. 501, 541, \u00a7 46.1-485;\n1968, c. 685; 1978, c. 220; 1980, c. 484; 1986, c. 16; 1989, c. 727.","edition":{"id":1,"name":"2025","slug":"2025","date_created":"2026-06-21 22:39:22","date_modified":"2026-06-21 22:39:22","current":1,"order_by":1,"last_import":null}}