Section 342. Alternate methods of giving proof

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Proof  of  financial
  responsibility when required under this article  may  be  given  by  the
  following alternate method; either by proof that a policy or policies of
  motor  vehicle  liability  insurance  have been obtained and are in full
  force and effect, or that a bond has been duly executed, or that deposit
  has been made of money or securities, all as hereinafter provided.

                    
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