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Code · Wisconsin · Chapter 344 — Vehicles — financial responsibility

344.37 Money or securities as proof.

83 words·~1 min read·/wi/chapter-344/344-37

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344.37 Money or securities as proof.
(1)Proof of financial responsibility for the future may be evidenced by a deposit with the secretary by the person of $60,000 in cash, or in securities such as may legally be purchased by savings banks or for trust funds of a market value of $60,000. The secretary shall not accept any such deposit unless accompanied by evidence that there are no unsatisfied judgments of any character against the depositor in the county where the depositor resides.
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