§ 277.3020. Insurance required.  


Latest version.
  • Every licensee shall provide and maintain in full force and effect public liability insurance to indemnify any person against loss or injury in the sum of one hundred thousand dollars ($100,000.00) for injury or death to one (1) person and three hundred thousand dollars ($300,000.00) for each accident or occurrence and ten thousand dollars ($10,000.00) for property damage, which shall include coverage for any damage caused to the owner's property and shall contain a provision that cancellation thereof shall not become effective without thirty (30) days' prior notice thereof in writing to the licensing official. The City of Minneapolis shall be named as an additional insured in the policy. (81-Or-264, § 2, 10-30-81; 2002-Or-066, § 24, 7-26-02; 2013-Or-176, § 18, 12-6-13)