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Old 08-27-2005, 12:49 AM
infoscott
 
Posts: n/a
CA has little wiggle room

California has you by the curlies. There is a provision in the law to prove financial responsibility by depositing a five figure sum with the State in lieu of an insurance policy. Last time I checked it was FRN 30,000.

I'm sure this group could poke holes in that requirement using equity arguments, but it makes it much harder to prove enforced contract.
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