(1) The increased financial responsibility insurance requirements provided under the 1959 amendment do not apply to persons who have previously proven their ability to respond in damages under the prior law until application for operators' license renewal.(2) A blanket endorsement from an affected insurance carrier covering all its insured whose proof of financial responsibility has been shown by certificate of that carrier, will suffice as proof of the insured's ability to respond in damages in the increased amount.(3) An individual involved in an accident after the 1959 amendment becomes effective cannot be excused from depositing security to cover damages or injury by showing that at the time of the accident he had liability insurance with coverage limits lower than that required by the amendment but greater than any claimed damages or injuries.
AGO 1959 NO. 38 > May 25 1959
MOTOR VEHICLES - FINANCIAL RESPONSIBILITY - EFFECT OF CHAPTER 38, LAWS OF 1959, INCREASING THE LIABILITY INSURANCE LIMITS