Effective 28 Aug 1953
303.260. Substitution of one proof of responsibility for another. — The director shall consent to the cancellation of any bond or certificate of insurance or the director shall direct and the state treasurer shall return any money or securities to the person entitled thereto upon the substitution and acceptance of other adequate proof of financial responsibility pursuant to this chapter.
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(L. 1953 p. 569 § 303.270)