63-15-15 - Duration of suspension under § 63-15-11.

§ 63-15-15. Duration of suspension under § 63-15-11.
 

The license and registration and nonresident's operating privilege suspended as provided in Section 63-15-11 shall remain so suspended and shall not be renewed nor shall any such license or registration be issued to such person until he shall have furnished proof of financial responsibility and until: (1) such person shall deposit or there shall be deposited on his behalf the security required under Section 63-15-11; or (2) one year shall have elapsed following the date of such accident and evidence satisfactory to the department has been filed with it that during that period no action for damages arising out of the accident has been instituted; or (3) evidence satisfactory to the department has been filed with it of a final adjudication of nonliability, or a duly acknowledged written agreement, in accordance with Section 63-15-13. However, in the event there shall be any default in the payment of any installment under any duly acknowledged written agreement, then upon notice of such default, the department shall forthwith suspend the license and registration or nonresident's operating privilege of such person defaulting which shall not be restored unless and until (1) such person deposits and thereafter maintains security as required under Section 63-15-11 in such amount as the department may then determine; or (2) one year shall have elapsed following the date when such security was required and during such period no action upon such agreement has been instituted in a court in this state. 
 

Sources: Codes, 1942, § 8285-07; Laws,  1952, ch. 359, § 7; Laws, 1960, ch. 411, § 3, eff July 1, 1960.