(D) "Owner" means a person who holds the legal title of a | 26 |
motor vehicle. If a motor vehicle is the subject of a lease with | 27 |
an immediate right of possession vested in the lessee, the lessee | 28 |
is the owner. A person listed as the owner on a certificate of | 29 |
title on which there is a notation of a security interest is the | 30 |
owner. A buyer or other transferee of a motor vehicle who receives | 31 |
the certificate of title from the seller or transferor listing the | 32 |
seller or transferor thereon as the owner with an assignment of | 33 |
title to the buyer or transferee nonetheless is the owner even | 34 |
though a subsequent certificate of title has not been issued | 35 |
listing the buyer or transferee as the owner. | 36 |
(I) "Motor vehicle" means every vehicle propelled by power | 52 |
other than muscular power or power collected from overhead | 53 |
electric trolley wires, except motorized bicycles, road rollers, | 54 |
traction engines, power shovels, power cranes and other equipment | 55 |
used in construction work and not designed for or employed in | 56 |
general highway transportation, hole-digging machinery, | 57 |
well-drilling machinery, ditch-digging machinery, farm machinery, | 58 |
threshing machinery, hay baling machinery, and agricultural | 59 |
tractors and machinery used in the production of horticultural, | 60 |
floricultural, agricultural, and vegetable products. | 61 |
(K) "Proof of financial responsibility" means proof of | 66 |
ability to respond in damages for liability, on account of | 67 |
accidents occurring subsequent to the effective date of such | 68 |
proof, arising out of the ownership, maintenance, or use of a | 69 |
motor vehicle in the amount of twelvetwenty thousand five hundred | 70 |
dollars because of bodily injury to or death of one person in any | 71 |
one accident, in the amount of twenty-fiveforty thousand dollars | 72 |
because of bodily injury to or death of two or more persons in any | 73 |
one accident, and in the amount of sevenfifteen thousand five | 74 |
hundred dollars because of injury to property of others in any one | 75 |
accident. | 76 |
(L) "Motor-vehicle liability policy" means an "owner's | 77 |
policy" or an "operator's policy" of liability insurance, | 78 |
certified as provided in section 4509.46 or 4509.47 of the Revised | 79 |
Code as proof of financial responsibility, and issued, except as | 80 |
provided in section 4509.47 of the Revised Code, by an insurance | 81 |
carrier authorized to do business in this state, to or for the | 82 |
benefit of the person named therein as insured. | 83 |
Sec. 4509.20. (A) A policy or bond does not comply with | 84 |
divisions (A)(5), (A)(6), and (A)(7) of section 4509.19 of the | 85 |
Revised Code unless issued by an insurance company or surety | 86 |
company authorized to do business in this state, except as | 87 |
provided in division (B) of this section, or unless such policy or | 88 |
bond is subject, if the accident has resulted in bodily injury or | 89 |
death, to a limit, exclusive of interest and costs, of not less | 90 |
than twelvetwenty thousand five hundred dollars because of bodily | 91 |
injury to or death of one person in any one accident, and, subject | 92 |
to said limit for one person, to a limit of not less than | 93 |
twenty-fiveforty thousand dollars because of bodily injury to or | 94 |
death of two or more persons in one accident, and, if the accident | 95 |
has resulted in injury to, or destruction of property, to a limit | 96 |
of not less than
sevenfifteen thousand five hundred dollars | 97 |
because of injury to or destruction of property of others in any | 98 |
one accident. | 99 |
(B) A policy or bond does not comply with divisions (A) (5), | 100 |
(A) (6), and (A) (7) of section 4509.19 of the Revised Code with | 101 |
respect to any motor vehicle which was not registered in this | 102 |
state or was a motor vehicle which was registered elsewhere than | 103 |
in this state at the effective date of the policy or bond or the | 104 |
most recent renewal thereof, unless the insurance company or | 105 |
surety company issuing such policy or bond is authorized to do | 106 |
business in this state, or if said company is not authorized to do | 107 |
business in this state unless it executes a power of attorney | 108 |
authorizing the registrar of motor vehicles to accept service on | 109 |
its behalf of notice or process in any action upon such policy or | 110 |
bond arising out of such accident. | 111 |
(B) Shall insure the person named therein and any other | 140 |
person, as insured, using any such motor vehicles with the express | 141 |
or implied permission of the insured, against loss from the | 142 |
liability imposed by law for damages arising out of the ownership, | 143 |
maintenance, or use of such vehicles within the United States or | 144 |
Canada, subject to monetary limits exclusive of interest and | 145 |
costs, with respect to each such motor vehicle, as follows: | 146 |
(D) "Owner" means a person who holds the legal title of a | 174 |
motor vehicle. If a motor vehicle is the subject of a lease with | 175 |
an immediate right of possession vested in the lessee, the lessee | 176 |
is the owner. A person listed as the owner on a certificate of | 177 |
title on which there is a notation of a security interest is the | 178 |
owner. A buyer or other transferee of a motor vehicle who receives | 179 |
the certificate of title from the seller or transferor listing the | 180 |
seller or transferor thereon as the owner with an assignment of | 181 |
title to the buyer or transferee nonetheless is the owner even | 182 |
though a subsequent certificate of title has not been issued | 183 |
listing the buyer or transferee as the owner. | 184 |
(I) "Motor vehicle" means every vehicle propelled by power | 200 |
other than muscular power or power collected from overhead | 201 |
electric trolley wires, except motorized bicycles, road rollers, | 202 |
traction engines, power shovels, power cranes and other equipment | 203 |
used in construction work and not designed for or employed in | 204 |
general highway transportation, hole-digging machinery, | 205 |
well-drilling machinery, ditch-digging machinery, farm machinery, | 206 |
threshing machinery, hay baling machinery, and agricultural | 207 |
tractors and machinery used in the production of horticultural, | 208 |
floricultural, agricultural, and vegetable products. | 209 |
(K) "Proof of financial responsibility" means proof of | 214 |
ability to respond in damages for liability, on account of | 215 |
accidents occurring subsequent to the effective date of such | 216 |
proof, arising out of the ownership, maintenance, or use of a | 217 |
motor vehicle in the amount of twentytwenty-five thousand dollars | 218 |
because of bodily injury to or death of one person in any one | 219 |
accident, in the amount of fortyfifty thousand dollars because of | 220 |
bodily injury to or death of two or more persons in any one | 221 |
accident, and in the amount of fifteentwenty-five thousand | 222 |
dollars because of injury to property of others in any one | 223 |
accident. | 224 |
(L) "Motor-vehicle liability policy" means an "owner's | 225 |
policy" or an "operator's policy" of liability insurance, | 226 |
certified as provided in section 4509.46 or 4509.47 of the Revised | 227 |
Code as proof of financial responsibility, and issued, except as | 228 |
provided in section 4509.47 of the Revised Code, by an insurance | 229 |
carrier authorized to do business in this state, to or for the | 230 |
benefit of the person named therein as insured. | 231 |
Sec. 4509.20. (A) A policy or bond does not comply with | 232 |
divisions (A)(5), (A)(6), and (A)(7) of section 4509.19 of the | 233 |
Revised Code unless issued by an insurance company or surety | 234 |
company authorized to do business in this state, except as | 235 |
provided in division (B) of this section, or unless such policy or | 236 |
bond is subject, if the accident has resulted in bodily injury or | 237 |
death, to a limit, exclusive of interest and costs, of not less | 238 |
than twentytwenty-five thousand dollars because of bodily injury | 239 |
to or death of one person in any one accident, and, subject to | 240 |
said limit for one person, to a limit of not less than
fortyfifty | 241 |
thousand dollars because of bodily injury to or death of two or | 242 |
more persons in one accident, and, if the accident has resulted in | 243 |
injury to, or destruction of property, to a limit of not less than | 244 |
fifteentwenty-five thousand dollars because of injury to or | 245 |
destruction of property of others in any one accident. | 246 |
(B) A policy or bond does not comply with divisions (A) (5), | 247 |
(A) (6), and (A) (7) of section 4509.19 of the Revised Code with | 248 |
respect to any motor vehicle which was not registered in this | 249 |
state or was a motor vehicle which was registered elsewhere than | 250 |
in this state at the effective date of the policy or bond or the | 251 |
most recent renewal thereof, unless the insurance company or | 252 |
surety company issuing such policy or bond is authorized to do | 253 |
business in this state, or if said company is not authorized to do | 254 |
business in this state unless it executes a power of attorney | 255 |
authorizing the registrar of motor vehicles to accept service on | 256 |
its behalf of notice or process in any action upon such policy or | 257 |
bond arising out of such accident. | 258 |
(B) Shall insure the person named therein and any other | 287 |
person, as insured, using any such motor vehicles with the express | 288 |
or implied permission of the insured, against loss from the | 289 |
liability imposed by law for damages arising out of the ownership, | 290 |
maintenance, or use of such vehicles within the United States or | 291 |
Canada, subject to monetary limits exclusive of interest and | 292 |
costs, with respect to each such motor vehicle, as follows: | 293 |