Opinion No.

Honorable Bob Simpson, Chairman Committee on Insurance Texas House of Representatives Room 125, Reagan Building Austin, Texas 78769

Re: May compulsory liability insurance requirements be satisfied by posting security in lieu of insurance

Dear Representative Simpson:

Section 1A of article 6701h, V.T.C.S., the Safety Responsibility Law, requires that an automobile liability insurance policy covering the operation of a vehicle be in effect before the vehicle may be operated in this state. You ask whether a driver may file a bond (or a certificate of `money deposit' or `securities deposit') of at…