(A) The owner of a motor vehicle registered in this 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 the 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 this state as found in 47 O.S. § 7-606.
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 this division (C), 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; or
(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 this state shall, while operating or using such vehicle within the city’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 as provided in § 70.999 of this chapter 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 this 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, § 70.003)
Statutory reference:
Similar provisions, see 47 O.S. §§ 7-601 et seq.