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The 2024 Florida Statutes
(including 2025 Special Session C)
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F.S. 324.161324.161 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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Annotations, Discussions, Cases:
Cases Citing Statute 324.161
Total Results: 3
151 So. 2d 682, 8 A.L.R. 3d 382, 1963 Fla. App. LEXIS 3571
District Court of Appeal of Florida | Filed: Apr 2, 1963 | Docket: 1254756
Cited 25 times | Published
deposit of cash or securities in accordance with § 324.161, or
"(4) Furnishing a certificate of self-insurance
379 F. Supp. 135, 1974 U.S. Dist. LEXIS 7272
District Court, M.D. Florida | Filed: Aug 6, 1974 | Docket: 66097811
Published
deposit of cash or securities in accordance with § 324.161, or
(4) Furnishing a certificate of self-insurance
242 So. 2d 491, 1970 Fla. App. LEXIS 5374
District Court of Appeal of Florida | Filed: Dec 29, 1970 | Docket: 64518075
Published
financial responsibility for the future, under § 324.161, Fla.Stat., F.S.A., the insurance coverage was
