financial responsibility law

noun

Legal Definition of financial responsibility law

: a law that requires a driver involved in an accident to provide proof of the ability to pay a judgment obtained against him or her

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financial

financial responsibility law

financial statement

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Cite this Entry

“Financial responsibility law.” Merriam-Webster.com Legal Dictionary, Merriam-Webster, https://www.merriam-webster.com/legal/financial%20responsibility%20law. Accessed 25 Oct. 2021.

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