§1484.23. Insurance; bond
A. No owner or operator shall operate an amusement attraction or amusement ride unless the owner or operator has either of the following:
(1) An insurance policy in an amount of not less than one million dollars insuring the operator against liability for injury suffered by persons riding the amusement attraction or ride.
(2) A bond in a like amount, provided the aggregate liability of the surety of any such bond shall not exceed the face amount.
B. A certificate verifying coverage shall be filed with the office of state fire marshal, code enforcement and building safety.
C. In the event of cancellation of the policy or bond, the office of state fire marshal shall be notified immediately by either the insurer or the bond holder no later than ten days prior to cancellation.
D. The operator shall provide to any sponsor, lessor, landowner, or other person responsible for the offering of an amusement ride or attraction for public use a copy of the required insurance policy or bond and the certificate of registration issued by the state fire marshal.
E. The provisions of this Section shall also apply to operators of inflatable amusement devices. However, the policy of liability insurance or bond amount required of such operators shall be in an amount of not less than three hundred thousand dollars.
Acts 2016, No. 462, §2.
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