SCDMV Form FR-202A. Release of Financial Responsibility on Behalf of a Minor for a Collision

SCDMV Form FR-202A. Release of Financial Responsibility on Behalf of a Minor for a Collision

This form is similar to the FR-202 form but is specifically designed for releasing financial responsibility on behalf of a minor for a collision. It is typically used when a minor is involved in a collision and the parent or guardian of the minor wishes to release their financial responsibility for any damages or injuries related to the collision.

The form consists of similar fields as the FR-202 form, including the name and contact information of the parent or guardian, the name and contact information of the minor involved, and a statement indicating that the parent or guardian understands and accepts the terms of the release.

The parties involved in this form are the parent or guardian releasing financial responsibility on behalf of the minor and any other parties involved in the collision. It is important for the parent or guardian to carefully review and understand the terms of the release before signing.

An example of when this form may be used is if a minor is driving a parent's car and is involved in a collision. The parent may choose to complete this form to release their financial responsibility for any damages related to the collision.

An alternative form that may be used in a similar situation is a liability waiver, which is a legal document that releases one party from liability for any damages or injuries caused by them. The difference between these two forms is that the FR-202A form is specifically designed for releasing financial responsibility for a collision involving a minor.