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§47-7-330.


§47-7-330.
   
   Proof of financial responsibility may be evidenced by the certificate
   of the Department of Public Safety that the person named therein has
   deposited with the Department Thirty Thousand Dollars ($30,000.00) in
   cash, or a certificate of deposit issued by a financial institution
   located in Oklahoma in an amount of at least Thirty Thousand Dollars
   ($30,000.00). The Department shall deposit any cash it receives for
   this purpose in a special account of the Department which shall be
   held in escrow until necessary to pay judgments as described in
   Section 7-331 of this title. The Department shall obtain a written
   acknowledgment from any financial institution issuing a certificate of
   deposit which is used for the purpose of this section, showing the
   certificate of deposit has been pledged to the Department for this
   purpose. The Department shall not accept any such deposit and issue a
   certificate therefor and the Department shall not accept such
   certificate unless accompanied by evidence that there are no
   unsatisfied judgments of any character against the depositor in the
   county where the depositor resides.
   

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