CHAPTER 456
RELATING TO SAFETY RESPONSIBILITY LAW
AN ACT TO AMEND TITLE 21, DELAWARE CODE, ENTITLED "MOTOR VEHICLES" IN REGARD TO THE FISCAL REQUIREMENTS OF THE SAFETY RESPONSIBILITY LAW.
Be it enacted by the General Assembly of the State of Delaware:
Section 1. § 2904 (b) (2), Title 21, Delaware Code, is amended to read as follows :
(2) Insure the person named therein and any other person, as insured, using any such motor vehicle or motor vehicles with the express or implied permission of such named insured, against loss from the liability imposed by law for damages arising out of the ownership, maintenance or use of such motor vehicle or motor vehicles within the United States of America or the Dominion of Canada, subject to limits exclusive of interest and costs, with respect to each such motor vehicle, as follows : $10,000, because of bodily injury to or death of one person in any one accident and, subject to said limit for one person, $20,000, because of bodily injury to or death of two or more persons in any one accident, and $5,000, because of injury to or destruction of property of others in any one accident.
Section 2. § 2925 (a), Title 21, Delaware Code, is amended so that the last two sentences read as follows:
Every such policy or bond shall be subject, if the accident has resulted in bodily injury or death, to a limit, exclusive of interest and costs, of not less than $10,000 because of bodily injury to or death of one person in any one accident and, subject to said limit for one person, to a limit of not less than $20,000 because of bodily injury to or death of two or more persons in any one accident. If the accident has resulted in injury to or destruction of property, the policy or bond shall be subject to a limit of not less than $5,000 because of injury to or destruction of property of others in any one accident.
Section 3. § 2944 (1), (2) and (3), Title 21, Delaware Code, are amended to read as follows :
(1) When $10,000 has been credited upon any judgment or judgments rendered in excess of that amount because of bodily injury to or death of one person as the result of any one accident; or
(1) When, subject to such limit of $10,000 because of bodily injury to or death of one person, the sum of $20,000 has been credited upon any judgment or judgments rendered in excess of that amount because of bodily injury to or death of two or more persons as the result of any one accident; or
(1) When $5,000 has been credited upon any judgment or judgments rendered in excess of that amount because of injury to or destruction of property of others as a result of any one accident;
Section 4. § 2951 (a), Title 21, Delaware Code, is amended to read as follows:
(a) Proof of financial responsibility may be evidenced by the certificate of the State Treasurer that the person named therein has deposited with him $25,000 in cash, or securities such as may legally be purchased by savings banks or for trust funds of a market value of $25,000. The State Treasurer shall not accept any such deposit and issue a certificate therefor and the Commissioner shall not accept such certificate unless accompanied by evidence that there are no unsatisfied judgments of any character against the depositor in the county where the depositor resides.