Sec.16-304-D7. Suspension or revocation of acceptance or approval of insurance

The public utilities commission's acceptance of any certificate of insurance or its approval of qualifications as a self-insurer, or its approval of other securities or agreements will be suspended or revoked if the public utilities commission finds at any time that such insurance or security no longer complies with these regulations, or does not adequately protect residents of this state and travelers upon its highways and the general public, with respect to the operation of motor vehicles over the highways of this state by any motor carrier of property for hire subject to the jurisdiction of the public utilities commission.