Ohio Revised Code
Chapter 4981 | Rail Development Commission
Section 4981.033 | Indemnification - Liability Insurance Coverage.

Effective: June 30, 1997
Latest Legislation: House Bill 215 - 122nd General Assembly
(A) Notwithstanding section 4961.37 of the Revised Code, a railroad company, public agency, or other person operating passenger rail service on a right-of-way owned by another shall indemnify and hold harmless the owner, user, or other rights holder for liability for any damages arising out of passenger operations conducted by or on behalf of the railroad company, public agency, or other person operating passenger rail service and for all claims for damages for harm arising from any accident or incident occurring in connection with the operations conducted by or on behalf of the railroad company, public agency, or other person operating passenger rail service.
(B) Each railroad company, public agency, or other person operating passenger rail service on a right-of-way owned by another shall maintain an aggregate limit of liability coverage of no less than two hundred million dollars.
(C) The liability for damages for harm, including any punitive damages, of a railroad company or other entity over whose tracks passenger rail service operations are conducted by another shall not be in an amount greater than the limits of the liability coverage maintained by the railroad company, public agency, or other person operating passenger rail service.
(D) Division (A) of this section shall not apply if the railroad company or other entity over whose tracks the passenger rail service operations are conducted, committed an act or omission with reckless, wanton, willful, or gross negligence and the act or omission proximately caused the harm in question.
(E) The operator of an excursion rail service and the owner of any railroad property over which the excursion rail service will be provided may negotiate to determine the amount of liability coverage necessary to satisfy the owner's private insurance requirements. If the operator and owner reach agreement on the amount of private insurance coverage so required, division (B) of this section shall not apply to the operation of the excursion rail service over that railroad property.
This division does not require any owner of railroad property to enter into such negotiations, to agree to an amount of liability coverage that the owner determines to be insufficient indemnification, nor to permit any excursion rail service operator to have access to the railroad property.
(F) As used in this section:
(1) "Harm" means injury, death, or loss to person or property.
(2) "Passenger rail service" includes intercity passenger, commuter, or high speed rail transportation service.
(3) "Excursion rail service" means any rail passenger service that is undertaken primarily for education, entertainment, recreation, or scenic observation and that does not involve any of the following:
(a) The carrying of freight other than the personal luggage of the passengers or crew, or supplies and equipment necessary to serve the needs of the passengers or crew;
(b) The carrying of passengers who are commuting to work;
(c) The carrying of passengers who are traveling to a final destination solely for business or commercial purposes.

Structure Ohio Revised Code

Ohio Revised Code

Title 49 | Public Utilities

Chapter 4981 | Rail Development Commission

Section 4981.01 | Rail Development Commission Definitions.

Section 4981.02 | Ohio Rail Development Commission.

Section 4981.03 | Duties of Rail Development Commission.

Section 4981.031 | Applying for Federal Loans.

Section 4981.032 | Issuing Grants and Loans.

Section 4981.033 | Indemnification - Liability Insurance Coverage.

Section 4981.04 | Plan for Construction and Operation of Intercity Conventional or High Speed Passenger Transportation System.

Section 4981.05 | Application for Loans or Other Assistance.

Section 4981.06 | Acquiring Property, Facilities, or Equipment.

Section 4981.07 | Restoration, Repair, Relocation, or Upgrading Rail Property.

Section 4981.08 | Sale, Transfer, or Lease of Rail Property.

Section 4981.09 | Rail Development Fund.

Section 4981.091 | Federal Rail Fund.

Section 4981.10 | Conditions for Purchasing Property, Facilities or Equipment.

Section 4981.11 | Bond Proceedings Definitions.

Section 4981.12 | Financing Rail Service.

Section 4981.13 | Issuing Loans and Bonds to Finance Rail Projects.

Section 4981.131 | Borrowing and Bond Power Not Exclusive.

Section 4981.14 | Powers of Rail Development Commission.

Section 4981.15 | Bonds Not a Debt of State.

Section 4981.16 | Determinations in Connection With Issuance of Bonds.

Section 4981.17 | Securing Bonds by Trust Agreement or Indenture of Mortgage.

Section 4981.18 | Protection and Enforcement of Rights of Bondholder and Trustees.

Section 4981.19 | Bonds Are Lawful Investments.

Section 4981.20 | Rail Development Commission Property Subject to Taxation and Zoning, Planning, and Building Regulations and Fees.

Section 4981.21 | Special Assessment Installments.

Section 4981.22 | Issuing Refunding Bonds.

Section 4981.24 | Conveying Public Property to Rail Development Commission.

Section 4981.25 | Designation of Corporation as Agent of State.

Section 4981.26 | Waiver of Other Laws.

Section 4981.28 | Development of Rail Service by Private Corporations.

Section 4981.29 | Encouraging Private Participation.

Section 4981.30 | Applying for and Award of Franchises.

Section 4981.31 | Franchise for Rail System.

Section 4981.32 | Authority Granted by Franchise Agreement.

Section 4981.33 | Review and Monitoring of Franchisee.

Section 4981.34 | Issuing Bonds.

Section 4981.35 | Interstate High Speed Intercity Rail Passenger Network Compact - Interstate Rail Passenger Advisory Council.

Section 4981.40 | Including All Federally Designated High-Speed Rail Corridors in Ohio and All Passenger Rail Corridors in Ohio Hub Study.