2013 -- H 5214

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LC00745

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STATE OF RHODE ISLAND

IN GENERAL ASSEMBLY

JANUARY SESSION, A.D. 2013

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A N A C T

RELATING TO MOTOR AND OTHER VEHICLES -- PROOF OF FINANCIAL

RESPONSIBILITY FOR THE FUTURE

     Introduced By: Representative Arthur J. Corvese

     Date Introduced: January 31, 2013

     Referred To: House Corporations

It is enacted by the General Assembly as follows:

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     SECTION 1. Section 31-32-25 of the General Laws in Chapter 31-32 entitled "Proof of

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Financial Responsibility for the Future" is hereby amended to read as follows:

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     31-32-25. Notice of cancellation or termination of certified policy. -- When an

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insurance carrier has certified a motor vehicle liability policy under section 31-32-21 or 31-32-22,

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and the certified policy is subsequently cancelled or terminated by the insurance carrier or the

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insured, a notice of cancellation or termination of the insurance so certified shall be filed, by the

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insurance carrier, in the division of motor vehicles. However, a policy subsequently procured and

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certified shall, on the effective date of its certification, terminate the insurance previously

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certified with respect to any vehicle designated in both certificates.

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     SECTION 2. This act shall take effect upon passage.

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LC00745

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EXPLANATION

BY THE LEGISLATIVE COUNCIL

OF

A N A C T

RELATING TO MOTOR AND OTHER VEHICLES -- PROOF OF FINANCIAL

RESPONSIBILITY FOR THE FUTURE

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     This act would require that insurance carriers notify the division of motor vehicles of any

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policy cancellation or termination by the insurer or insured.

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     This act would take effect upon passage.

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LC00745

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