(A) The owner of a motor vehicle registered in the state shall carry in such vehicle, at all times, a current owner’s security verification form listing the vehicle, or an equivalent form which has been issued by the Department of Public Safety, and shall produce such form upon request for inspection by any law enforcement officer or representative of the Department of Public Safety, and, in the case of collision, the form shall be shown upon request to any person affected by such collision.
(B) The following shall not be required to carry an owner’s or operator’s security verification form, or an equivalent form, from the Department of Public Safety during operation of the vehicle:
(1) Any vehicle owned or leased by the federal or state government, or any agency or political subdivision thereof;
(2) Any vehicle bearing the name, symbol, or logo of a business, corporation, or utility on the exterior, and which is in compliance with provisions of 47 O.S. §§ 7-600 through 7-607, according to the records of the State Department of Public Safety which reflect a deposit, bond, self-insurance, or fleet policy;
(3) Any vehicle authorized for operation pursuant to a permit number issued by the Interstate Commerce Commission or the Corporation Commission;
(4) Any licensed taxicab; and
(5) Any vehicle owned by a licensed motor vehicle dealer.
(C) For the purpose of this section, the following definitions shall apply unless the context clearly indicates, or requires, a different meaning.
COMPULSORY INSURANCE LAW. The law requiring liability insurance in conjunction with the operation of a motor vehicle in the state, as found in 47 O.S. § 7-606, Article VI, Chapter 7.
OPERATOR’S POLICY. An operator’s policy of liability insurance, which shall ensure the named person against loss from the liability imposed upon him or her by law for damages arising out of the operation or use by him or her of any motor vehicle not owned by him or her, subject to the same limits of liability required in an owner’s policy.
OWNER’S POLICY. An owner’s policy of liability insurance which:
(a) Shall designate by explicit description or by appropriate reference all vehicles with respect to which coverage is thereby to be granted;
(b) Shall ensure the person named therein and ensure any other person, except as provided in division (c) below, using an insured vehicle with the express or implied permission of the named insured, against loss from the liability imposed by law for damages arising out of the ownership, maintenance, operation, or use of such vehicle;
(c) May provide for exclusions from coverage in accordance with existing laws; and
(d) Shall be issued by an authorized carrier providing coverage in accordance with 47 O.S. § 7-204.
SECURITY.
(a) A policy or bond meeting the requirements of 47 O.S. § 7-204.
(b) A deposit of cash or securities having the equivalency of limits required under 47 O.S. § 7-204 as acceptable limits for a policy or bond.
(c) Self-insurance, pursuant to the provisions of 47 O.S. § 7-503, having the equivalency of limits required under 47 O.S. § 7-204 as acceptable limits for a policy or bond.
SECURITY VERIFICATION FORM. A form, approved by the State Board for Property and Casualty Rates, verifying the existence of security required by the Compulsory Insurance Law of the state.
(D) Every operator of a motor vehicle registered in the state shall, while operating or using such vehicle within the town’s boundaries, carry either an operator’s or an owner’s security verification form issued by a carrier, providing the operator is not excluded from coverage thereon; or an equivalent form issued by the State Department of Public Safety, reflecting liability coverage.
(E) An owner or operator who fails to produce for inspection a valid and current security verification form or equivalent form which has been issued by the Department upon request of any peace officer of the Department shall be guilty of a misdemeanor, and upon conviction shall be subject to a fine and court costs.
(F) A sentence imposed for any violation of this section may be suspended or deferred in whole or in part by the court.
(G) Any person producing proof in court that a current security verification form or equivalent form, which has been issued by the Department reflecting the liability coverage for such person was in force at the time of the alleged offense shall be entitled to dismissal of such charge.
(H) Upon conviction, bond forfeiture, or deferral of sentence, the Court Clerk shall forward an abstract to the State Department of Public Safety within ten days reflecting the action taken by the court.
(Prior Code, § 15-103) Penalty, see § 70.99
Statutory reference:
Certification of existence of security; exemptions, see 47 O.S. § 7-602
Exemptions, see 47 O.S. § 7-607
Failure to maintain insurance or security; penalties, see 47 O.S. § 7-606
Insurance carriers prohibited from canceling, terminating, increasing, or requiring higher premiums for certain peace officers, firefighters, or emergency vehicle operators, see 47 O.S. § 7-601.2
Liability requirements; proof of compliance; nonresidents, see 47 O.S. § 7-601
Owner’s and operator’s security verification forms; contents, see 47 O.S. § 7-601.1
Possession of security verification form while operating or using certain vehicles, see 47 O.S. § 7-602.1
Related provisions, see 47 O.S. § 7-600
Requirements as to policy or bond, see 47 O.S. § 7-204
Self-insurers, see 47 O.S. § 7-503
Statement or endorsement to be included in policies; excess or additional coverage; binders, see 47 O.S. § 7-600.1
Suspension of driving privilege and registration, see 47 O.S. § 7-605
Verification of security, see 47 O.S. § 7-603