THEODORE R. MCKELDIN, GOVERNOR 1083
by obtaining a certificate of self-insurance issued by the
Department as provided in Sub-section (b) of this section.
(b) The Department may, in its discretion, upon the
application of such a person, issue a certificate of self-in-
surance when it is satisfied that such person is possessed
and will continue to be possessed of ability to pay judg-
ments obtained against such person.
(c) Upon not less than five days' notice and a hearing
pursuant to such notice, the Department may upon reason-
able grounds cancel a certificate of self-insurance. Failure
to pay any judgment within thirty days after such judg-
ment shall have become final shall constitute a reasonable
ground for the cancellation of a certificate of self-insurance.
120. (Exceptions to Requirement of Security. ) The re-
quirements as to security and suspension in Section 119
shall not apply:
1. To the operator or the owner of a motor vehicle in-
volved in an accident wherein no injury or damage was
caused to the person or property of any one other than
such operator or owner.
2. To the operator or the owner of a motor vehicle
legally parked at the time of the accident.
3. To the owner of a motor vehicle if at the time of the
accident the vehicle was being operated without his per-
mission, express or implied, or was parked by a person who
had been operating such motor vehicle without such per-
mission.
4. To the driver or the owner of a motor vehicle in-
volved in an accident, when it appears positively to the
satisfaction of the Commissioner by indisputable evidence
that the driver or owner is not liable for any damage re-
sulting from the accident.
[4. ] 5. If, prior to the date that the Department would
otherwise suspend license and registration or non-resident's
operating privilege under Section 119, there shall be filed
with the Department evidence satisfactory to him that
the parties have reached a mutually satisfactory settle-
ment of all claims, or that the person who would other-
wise have to file security has been released from liability,
or has been paid for his damages by, or on behalf of, some
other person involved in the same accident, or been finally
adjudicated not to be liable or has executed a warrant for
confession of judgment, payable when and in such install-
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