Text: SF02244 Text: SF02246 Text: SF02200 - SF02299 Text: SF Index Bills and Amendments: General Index Bill History: General Index
PAG LIN
1 1 Section 1. Section 321.24, Code Supplement 2001, is
1 2 amended by adding the following new subsection:
1 3 NEW SUBSECTION. 1A. Notwithstanding chapter 321A and
1 4 section 321.20B, a motor vehicle shall not be registered in
1 5 this state, unless the owner, at the time of registration, has
1 6 in effect financial liability coverage, as defined in section
1 7 321.1, subsection 24B, for the motor vehicle to be registered.
1 8 The department shall require that the owner certify that such
1 9 financial liability coverage is in effect in order for the
1 10 motor vehicle to be registered. If an owner certifies that
1 11 such financial liability coverage is in effect, the department
1 12 may require that the owner or the owner's insurance company
1 13 produce records to prove the fact that liability insurance is
1 14 in effect at the time of the application for registration.
1 15 Failure to produce such records shall be prima facie evidence
1 16 that financial liability coverage does not exist with regard
1 17 to the motor vehicle concerned. An insurance company, upon
1 18 the request of the department, shall notify the department
1 19 within thirty calendar days of the date of the receipt of such
1 20 request from the department if any liability insurance was not
1 21 in effect on the date of registration and maintained
1 22 continuously after that date. The owner of each motor vehicle
1 23 registered in this state shall maintain financial liability
1 24 coverage continuously throughout the period of registration.
1 25 Sec. 2. Section 321.40, Code Supplement 2001, is amended
1 26 by adding the following new unnumbered paragraph after
1 27 unnumbered paragraph 6:
1 28 NEW UNNUMBERED PARAGRAPH. Notwithstanding chapter 321A and
1 29 section 321.20B, a motor vehicle registration shall not be
1 30 renewed in this state, unless the owner, at the time of an
1 31 application for renewal of registration, has in effect
1 32 financial liability coverage, as required under section
1 33 321.24, subsection 1A, for initial registration. The
1 34 procedures and requirements established in that subsection for
1 35 initial registration apply to renewal of registration under
2 1 this section.
2 2 EXPLANATION
2 3 This bill amends Code sections 321.24 and 321.40 to provide
2 4 that a motor vehicle shall not be registered or have a
2 5 registration renewed unless the owner, at the time of an
2 6 application for registration or for renewal of registration,
2 7 has in effect financial liability coverage, as defined in Code
2 8 section 321.1, subsection 24B. The owner is required to
2 9 certify that such coverage is in effect at the time of
2 10 registration or renewal of registration and the state
2 11 department of transportation may require that the owner or the
2 12 owner's insurance company produce records to prove that
2 13 liability insurance is in effect. Failure to produce such
2 14 records is considered prima facie evidence that no financial
2 15 liability coverage exists with regard to the motor vehicle to
2 16 be registered or to have a renewal of registration. The bill
2 17 also requires insurance companies, at the request of the
2 18 department, to notify the department within 30 calendar days
2 19 of the date of receipt of such request if any liability
2 20 insurance was not in effect on the date of registration or was
2 21 not maintained continuously after that date.
2 22 LSB 5478SS 79
2 23 av/pj/5
Text: SF02244 Text: SF02246 Text: SF02200 - SF02299 Text: SF Index Bills and Amendments: General Index Bill History: General Index
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