The majority of the posts I have just read are pretty dated. In today's golf cart ticket world you are ticketed if exceeding 19.5 - 20 miles per hr. The fine is for driving a non-registered vehicle (because you are driving over the limit your cart is considered like an auto. You can be arrested (no registration, etc.) but I believe it would be due to a major reason (drunk driving, etc). The fine is currently $264.00 and that covers court costs...
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