Every licensee shall pay each judgment or award for loss or damage in the operation or use of a taxicab vehicle rendered against the licensee by any court or commission of competent jurisdiction within 90 days after its judgment or award shall have become final and not stayed by supersedeas. If any such judgment shall not be so paid, the commissioner may revoke the license of the licensee concerned.
(Added Coun. J. 1-18-12, p. 19118, § 1)