16480. (a) The department shall upon request, or may at its own
discretion, cancel any bond or any certificate of insurance, or the
department shall direct the return to the person entitled thereto of
any money or securities deposited pursuant to this code as proof of
financial responsibility, or the department shall waive the
requirement of filing proof of financial responsibility in any of the
following events:
(1) When the person is no longer required to maintain the proof
under the provisions of this code.
(2) At any time after three years from the date the proof was
required.
(3) Upon the death of the person on whose behalf the proof was
filed.
(4) The permanent incapacity of the person to operate a motor
vehicle if the person surrenders for cancellation his or her driver's
license to the department.
(b) The department shall not release proof filed by the bond of
individual sureties as set forth in Section 16434, or if given in the
manner prescribed by Section 16435, if any action for damages upon a
liability referred to in this code is then pending or if any
judgment upon any the liability is outstanding and unsatisfied. An
affidavit of the applicant of the nonexistence of those facts shall
be prima facie evidence thereof.
16482. (a) Any person whose privilege to operate a motor vehicle
has been suspended because of failure to satisfy a judgment and the
judgment has been outstanding for a period of three years or more,
may be relieved of the penalties therein provided and the privilege
of the person to operate a motor vehicle may be restored in the event
the person files with the department and thereafter maintains proof
of financial responsibility notwithstanding that the judgment which
gave rise to the order of suspension has not been paid or fully
satisfied.
(b) Any person who has filed proof of financial responsibility as
required for three years, or who has been eligible to file that proof
for three years, may be relieved of the requirement of filing proof
as provided in paragraph (2) of subdivision (a) of Section 16480.
16483. The department shall cancel any bond or any certificate of
insurance or direct the return of any money or securities to the
person entitled thereto, upon the substitution and acceptance of
other adequate proof of financial responsibility pursuant to this
code.
16484. Except when a nonresident minor's certificate or minor's
license is canceled as required by Sections 12504 and 17704,
respectively, whenever any evidence of proof of financial
responsibility filed by any person under the provisions of this code
no longer fulfills the purpose for which required, the department
shall require other evidence of financial responsibility as required
by Article 1 (commencing with Section 16430) and shall suspend the
privilege of the person to operate a motor vehicle upon a highway.
The suspension shall remain in effect until adequate proof of
financial responsibility is filed with the department by the person.
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