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Current as of January 01, 2026 | Updated by Findlaw Staff
A person may effectuate proof of financial responsibility by depositing with the registrar of motor vehicles thirty thousand dollars in money. The registrar shall not accept any such deposit unless it is accompanied by evidence that there are no unsatisfied judgments against the depositor in the county where the depositor resides.
The financial responsibility custodial fund is created, which shall be in the custody of the treasurer of state but shall not be part of the state treasury. All money deposited under this section shall be credited to that fund.
Cite this article: FindLaw.com - Ohio Revised Code Title XLV. Motor Vehicles Aeronautics Watercraft § 4509.62 - last updated January 01, 2026 | https://codes.findlaw.com/oh/title-xlv-motor-vehicles-aeronautics-watercraft/oh-rev-code-sect-4509-62/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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