                                 CODE OF VIRGINIA

WHEN COMMISSIONER TO CONSENT TO CANCELLATION OF BOND OR POLICY, OR RETURN OF
MONEY OR SECURITIES (§ 46.2-460)

The Commissioner, on request and subject to the provisions of § 46.2-461, shall
consent to the cancellation of any bond or insurance policy or to the return to
the person entitled thereto of any money or securities deposited pursuant to
this chapter as proof of financial responsibility or he shall not require proof
of financial responsibility in the event:

1. Of the death of the person on whose behalf the proof was filed;

2. Of his permanent incapacity to operate a motor vehicle; or

3. That the person who has given proof of financial responsibility surrenders
his driver&#8217;s license, and all of his registration cards, and license
plates to the Commissioner.

HISTORY: Code 1950, § 46-480; 1958, c. 541, § 46.1-491; 1984, c. 780; 1989, c.
727.