55-12-133 - Substitution of proof.

55-12-133. Substitution of proof.

The commissioner shall consent to the cancellation of any bond or certificate of insurance or the commissioner may direct and the state treasurer shall return any money to the person entitled thereto upon the substitution and acceptance of other adequate proof of financial responsibility pursuant to this chapter.

[Acts 1977, ch. 446, § 33; T.C.A., § 59-1283.]