Florida Statute 324.161 | Lawyer Caselaw & Research

The 2024 Florida Statutes

Title XXIII
MOTOR VEHICLES

Chapter 324
FINANCIAL RESPONSIBILITY

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F.S. 324.161

324.161 Proof of financial responsibility; deposit.—Annually, before any certificate of insurance may be issued to a person, including any firm, partnership, association, corporation, or other person, other than a natural person, proof of a certificate of deposit of $30,000 issued and held by a financial institution must be submitted to the department. A power of attorney will be issued to and held by the department and may be executed upon a judgment issued against such person making the deposit, for damages because of bodily injury to or death of any person or for damages because of injury to or destruction of property resulting from the use or operation of any motor vehicle occurring after such deposit was made. Money so deposited shall not be subject to attachment or execution unless such attachment or execution shall arise out of a suit for damages as aforesaid.

History.—s. 1, ch. 29963, 1955; ss. 13, 35, ch. 69-106; s. 91, ch. 94-306; s. 69, ch. 2013-160.

Note.—Former s. 324.11.

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Amendments to 324.161

Arrestable Offenses / Crimes under Fla. Stat. 324.161

Level: Degree
Misdemeanor/Felony: First/Second/Third

Current data shows no reason an arrest or criminal charge should have occurred directly under Florida Statute 324.161.

Annotations, Discussions, Cases:

Cases Citing Statute 324.161

Total Results: 6

Zeichner v. City of Lauderhill

Court: District Court of Appeal of Florida | Date Filed: 1999-02-17

Citation: 732 So. 2d 1109, 1999 WL 71632

Snippet: deposit of cash or securities in accordance with s. 324.161; or (4) Furnishing a certificate of self-insurance

Diversified Services, Inc. v. Avila

Court: Supreme Court of Florida | Date Filed: 1992-10-15

Citation: 606 So. 2d 364, 17 Fla. L. Weekly Supp. 619, 1992 Fla. LEXIS 1797, 1992 WL 289665

Snippet: deposit of cash or securities in accordance with s. 324.161; or (4) Furnishing a certificate of self-insurance

Lipof v. Florida Power and Light Co.

Court: Supreme Court of Florida | Date Filed: 1992-02-20

Citation: 596 So. 2d 1005, 17 Fla. L. Weekly Supp. 117, 1992 Fla. LEXIS 243, 1992 WL 27891

Snippet: deposit of cash or securities in accordance with s. 324.161, or (4) Furnishing a certificate of self-insurance

Gabriel v. Travelers Indem. Co.

Court: District Court of Appeal of Florida | Date Filed: 1987-11-17

Citation: 515 So. 2d 1322, 1987 WL 1586

Snippet: deposit of cash or securities in accordance with s. 324.161, or (4) Furnishing a certificate of self-insurance

Roth v. Cannel

Court: District Court of Appeal of Florida | Date Filed: 1970-12-29

Citation: 242 So. 2d 491, 1970 Fla. App. LEXIS 5374

Snippet: financial responsibility for the future, under § 324.161, Fla.Stat., F.S.A., the insurance coverage was

Howard v. American Service Mutual Insurance Co.

Court: District Court of Appeal of Florida | Date Filed: 1963-04-02

Citation: 151 So. 2d 682, 8 A.L.R. 3d 382, 1963 Fla. App. LEXIS 3571

Snippet: deposit of cash or securities in accordance with § 324.161, or "(4) Furnishing a certificate of self-insurance