PRINTER'S NO. 2655
No. 2152 Session of 1993
INTRODUCED BY COLAFELLA, TRELLO, COY, GEIST, STISH, VAN HORNE,
TIGUE, CARN, SCHEETZ, D. R. WRIGHT, KENNEY, DALEY, JOSEPHS,
GANNON, E. Z. TAYLOR, OLASZ, SCRIMENTI, GIGLIOTTI, LAUGHLIN
AND CIVERA, OCTOBER 13, 1993
REFERRED TO COMMITTEE ON INSURANCE, OCTOBER 13, 1993
AN ACT
1 Amending Title 75 (Vehicles) of the Pennsylvania Consolidated
2 Statutes, further providing for required financial
3 responsibility.
4 The General Assembly of the Commonwealth of Pennsylvania
5 hereby enacts as follows:
6 Section 1. Section 1786(e) of Title 75 of the Pennsylvania
7 Consolidated Statutes, amended December 16, 1992 (P.L.1247,
8 No.165), is amended to read:
9 § 1786. Required financial responsibility.
10 * * *
11 (e) Obligations upon termination of financial
12 responsibility.--
13 (1) An owner of a motor vehicle who ceases to maintain
14 financial responsibility on a registered vehicle shall not
15 operate or permit operation of the vehicle in this
16 Commonwealth until proof of the required financial
17 responsibility has been provided to the Department of
1 Transportation.
2 (2) An insurer who has issued a contract of motor
3 vehicle liability insurance[, or any approved self-insurance
4 entity,] shall notify the department within ten days of
5 issuance of the contract. The notice shall contain the policy
6 number and the vehicle identification number, title number
7 and registration plate number of the vehicle covered by the
8 contract of insurance. Any approved self-insurance entity
9 shall notify the department in a timely manner and in a
10 method prescribed by the department's regulations.
11 (3) An insurer who has issued a contract of motor
12 vehicle liability insurance [and knows or has reason to
13 believe that the contract is only for the purpose of
14 providing proof of financial responsibility] shall notify the
15 department if the insurance has been canceled or terminated
16 by the insured or by the insurer. The notice shall contain
17 the information required under paragraph (2). The insurer
18 shall notify the department not later than ten days following
19 the effective date of the cancellation or termination.
20 (4) A person who, after maintaining financial
21 responsibility on the vehicle of another person, ceases to
22 maintain such financial responsibility shall immediately
23 notify the vehicle's owner who shall not operate, or permit
24 operation of, the vehicle in this Commonwealth.
25 (5) In the case of a person who leases any motor vehicle
26 from a person engaged in the business of leasing motor
27 vehicles, the lessee shall sign a statement indicating that
28 the required financial responsibility has been provided
29 through the lessor or through the lessee's motor vehicle
30 liability insurance policy coverage. The lessee shall submit
19930H2152B2655 - 2 -
1 the statement to the lessor.
2 * * *
3 Section 2. This act shall take effect in 60 days.
C30L75WMB/19930H2152B2655 - 3 -