[Ord. No. 939 §1(23-396), 12-15-1992; Ord. No. 2004-1413 §1, 7-20-2004]
A.
No
owner of a motor vehicle registered in this State or required to be
registered in this State shall operate the vehicle, or authorize any
other person to operate the vehicle, upon the streets or the alleys
of this City, unless the owner maintains the financial responsibility
as required in this Section. Furthermore, no person shall operate
a motor vehicle owned by another with the knowledge that the owner
has not maintained financial responsibility unless such person has
financial responsibility which covers the person's operation of the
other's vehicle.
For purposes of this Section, the term "financial responsibility" shall mean the ability to respond in damages for liability on account
of accidents occurring after the effective date of proof of said financial
responsibility, arising out of the ownership, maintenance or use of
a motor vehicle, in the amount of twenty-five thousand dollars ($25,000.00)
because of bodily injury to or death of one (1) person in any one
(1) accident, and, subject to said limit for one (1) person, in the
amount of fifty thousand dollars ($50,000.00) because of bodily injury
to or death of two (2) or more persons in any one (1) accident, and
in the amount of ten thousand dollars ($10,000.00) because of injury
to or destruction of property of others in any one (1) accident.
B.
Proof
of financial responsibility may be shown by any of the following:
1.
An insurance identification card issued by a motor vehicle insurer
or by the Director of Revenue of the State of Missouri for self-insurance.
A motor vehicle insurance policy, a motor vehicle liability insurance
binder, or receipt which contains the name and address of the insurer,
the name and address of the name insured, the policy number, the effective
dates of the policy and a description by year and make of the vehicle,
or at least five (5) digits of the vehicle identification number or
the word "Fleet" if the insurance policy covers five (5) or more motor
vehicles, shall be satisfactory evidence of insurance in lieu of an
insurance identification card.
2.
A certificate of the State Treasurer of a cash or security deposit
according to Section 303.240, RSMo.
3.
A surety bond according to Section 303.230, RSMo.
C.
Proof
of financial responsibility shall be carried at all times in the insured
motor vehicle or by the operator of the motor vehicle if the proof
of financial responsibility is effective as to the operator rather
than to the vehicle. The operator of the motor vehicle shall exhibit
the proof of financial responsibility on the demand of any Peace Officer
who lawfully stops such operator while that officer is engaged in
the performance of the duties of his/her office.
