344.41 Duration of proof; when proof may be canceled or returned.
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344.41 Duration of proof; when proof may be canceled or returned.
(1)Subject to the exceptions set forth in sub.
(2), the secretary shall, upon request, consent to the immediate cancellation of any bond or certification of insurance, return to the person entitled thereto any money or securities deposited pursuant to this chapter as proof of financial responsibility and shall waive any requirement of the filing of proof of financial responsibility whenever, except as provided in sub.
(1m), any of the following events has occurred:
(a)The period during which proof of financial responsibility is required has expired; or