Section1.  Section 34D of Chapter 90 of the General Laws as appearing in the 2008 Official Edition, is hereby amended by inserting after the word" registration", in the first sentence,  and inserting in place thereof the following word :- "or registration renewal".

Section,2.  Section 34D of Chapter 90 of the General Laws as appearing in the 2008 Official Edition, is hereby amended by striking out in line 3, after the word"amount of",  the word, "ten"   inserting in place thereof the following word:- 50,000.

Section 3.  Section 34D of Chapter 90 of the General Laws as appearing in the 2008 Official Edition, is hereby amended by striking out in line 4 after the word:- "less than"  the word, "ten" and  inserting in place thereof the following word:- 50,000.

Section 4. Section 34D of Chapter 90 of the General Laws as appearing in the 2008 Official Edition, is hereby amended by inserting after the word:-"damages",  at the end of the first sentence, inserting in place thereof the following words:- "to property owned by another party. The applicant shall deposit with the state treasurer a further cash amount of 50,000 dollars or bonds, stock or other evidence of indebtedness satisfactoy to said treasurer of the market value of not less than 50,000 dollars as security for the payment by such applicant or by any person responsible for the operation of such applicant's motor vehicle with his express or implied consent of all judgements rendered against such applicant or against such person in actions to recover damages for"

Section 5.  Section 34D of Chapter 90 of the General Laws as appearing in the 2008 Official Edition, is hereby amended  by striking out the word:- " ten", in the second sentence, and inserting in place thereof  the following  word:- "50,000."

Section 6.  Section 34D of Chapter 90 of the General Laws as appearing in the 2008 Official Edition, is hereby amended  by striking out the word :-" ten", in line 27, and inserting in place thereof the following word:- "50,000."

Section 7.  Section 34D of Chapter 90 of the General Laws as appearing in the 2008 Official Edition, is hereby amended  by striking out the word:-" ten", in line 30 and inserting in place thereof the following word:-  "50,000."

Section 8.  Section 34D of Chapter 90 of the General Laws as appearing in the 2008 Official Edition, is hereby amended  by inserting after the word:- "shall", in the third sentence, the following word:- " not",

Section 9.  Section 34D of Chapter 90  of the General Laws as appearing in the 2008 Official Edition, is hereby amended  by inserting in the third sentence, the word:- " or " after the word "deposit" and further insert the word" but" after the word deposited" in the same sentence.

Section 10. Section 34D of Chapter 90 of the General Laws as appearing in the 2008 Official Edition, is hereby amended  by striking out the word:-" ten", in  line 53, and inserting in place thereof the word:- "50,000."