63-15-45 - Notice of cancellation or termination of certified policy.
§ 63-15-45. Notice of cancellation or termination of certified policy.
When an insurance company has certified a motor vehicle liability policy under Section 63-15-39 or Section 63-15-41, the insurance so certified shall not be cancelled or terminated until at least five days after a notice of cancellation or termination of the insurance so certified shall be received in the office of the department. However, such a policy subsequently procured and certified shall, on the effective date of its certification, terminate the insurance previously certified with respect to any motor vehicle designated in both certificates.
Sources: Codes, 1942, § 8285-22; Laws, 1952, ch. 359, § 22, eff from and after January 1, 1953.