Sec. 601.154. DEPARTMENT DETERMINATION OF PROBABILITY OF LIABILITY. (a) Subject to Subsection (d), if the department finds that there is a reasonable probability that a judgment will be rendered against an owner or operator as a result of an accident, the department shall determine the amount of security sufficient to satisfy any judgment for damages resulting from the accident that may be recovered from the owner or operator.
(b) The department may not require security in an amount:
(1) less than $1,000; or
(2) more than the limits prescribed by Section 601.072.
(c) In determining whether there is a reasonable probability that a judgment will be rendered against the person as a result of an accident and the amount of security that is sufficient under Subsection (a), the department may consider:
(1) a report of an investigating officer;
(2) an accident report of a party involved; and
(3) an affidavit of a person who has knowledge of the facts.
(d) The department shall make the determination required by Subsection (a) only if the department has not received, before the 21st day after the date the department receives a report of a motor vehicle accident, satisfactory evidence that the owner or operator has:
(1) been released from liability;
(2) been finally adjudicated not to be liable; or
(3) executed an acknowledged written agreement providing for the payment of an agreed amount in installments for all claims for injuries or damages resulting from the accident.
Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.
Section: Previous 601.121 601.122 601.123 601.124 601.151 601.152 601.153 601.154 601.155 601.156 601.157 601.158 601.159 601.160 601.161 NextLast modified: September 28, 2016