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Insurance

Journal

1952

Insurance

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Full-Text Articles in Law

The New Ohio Motor Vehicle Safety Responsibility Act, A Preliminary View, Nelson G. Karl Jan 1952

The New Ohio Motor Vehicle Safety Responsibility Act, A Preliminary View, Nelson G. Karl

Cleveland State Law Review

The purpose of the Ohio Motor Vehicle Safety Responsibility Act is to reduce the number of unsatisfied judgments entered against those found liable in motor vehicle accidents. The new Act provides that an operator of a motor vehicle must either carry liability insurance or be in a position to deposit security if and when he is involved in an accident. Under the present Financial Responsibility Act, the registrar revokes an operator's license where there is a failure to satisfy a final judgment. The new Act enables the registrar to revoke this license before a judicial body has made a determination …