| 3. Maintenance of insurance. The owner or owners of any |
| vehicle subject to this section shall maintain at all times the |
| required amount of insurance or bond during the term of the |
| vehicle's registration. For vehicles registered in this State, |
| the Secretary of State shall immediately suspend or revoke, |
| pursuant to chapter 23, the registration certificate and |
| registration plates of any vehicle for which the insurance or |
| bond in the amounts required is not maintained. Any person whose |
| registration certificate, registration plates and operating |
| authority license have been suspended or revoked pursuant to this |
| section shall immediately return the registration certificate, |
| registration plates and the operating authority license to the |
| Secretary of State. An insurance company that becomes aware of a |
| client who allows the insurance to lapse, cancels the insurance |
| or in any way fails to meet the requirements of this section for |
| a motor vehicle registered in this State immediately shall notify |
| the Secretary of State of this occurrence with the identity of |
| the motor vehicle owner and the registration number of the motor |
| vehicle. For vehicles not required to be registered in this |
| State, the Secretary of State shall suspend the person's |
| operating authority license or right to operate in this State. |
