Senate Bill 2584

AN ACT TO REPEAL SECTIONS 63-15-11 THROUGH 63-15-21, MISSISSIPPI CODE OF 1972, WHICH REQUIRE THE DEPOSIT OF SECURITY FOR DAMAGES RESULTING FROM A MOTOR VEHICLE ACCIDENT AND PROVIDE FOR THE SUSPENSION OF LICENSES AND REGISTRATIONS UPON THE FAILURE TO DEPOSIT THE SECURITY; AND FOR RELATED PURPOSES.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MISSISSIPPI:

SECTION 1. Section 63-15-11, Mississippi Code of 1972, which requires a deposit of security for damages resulting from a motor vehicle accident, is repealed.

SECTION 2. Section 63-15-13, Mississippi Code of 1972, which provides exemptions from the security requirement under the Motor Vehicle Safety-Responsibility Act, is repealed.

SECTION 3. Section 63-15-15, Mississippi Code of 1972, which provides for the duration of the suspension for failure to deposit security under the Motor Vehicle Safety-Responsibility Act, is repealed.

SECTION 4. Section 63-15-17, Mississippi Code of 1972, which provides for the application of security requirements to nonresidents, unlicensed drivers and accidents in other states, is repealed.

SECTION 5. Section 63-15-19, Mississippi Code of 1972, which provides for the form and amount of security required to be deposited under the Motor Vehicle Safety-Responsibility Act, is repealed.

SECTION 6. Section 63-15-21, Mississippi Code of 1972, which provides for the custody, disposition and return of security under the Motor Vehicle Safety-Responsibility Act, is repealed.

SECTION 7. This act shall take effect and be in force from and after its passage.