§ 39-14.1-7. Proof of financial responsibility.
The owner of any public motor vehicle, operating under this section, shall file with the division of public utilities and carriers a certificate of insurance issued by an insurance company authorized to transact business in this state, showing that the owner has a policy insuring the public motor vehicle company against liability for injury to persons and damage to property that may be caused by the operation of the public motor vehicle, this policy to provide for the indemnity in the sum of not less than one million five hundred thousand dollars ($1,500,000) for personal injury and indemnity of not less than one hundred thousand dollars ($100,000) for damage to property.
History of Section.P.L. 2002, ch. 182, § 1.
Structure Rhode Island General Laws
Title 39 - Public Utilities and Carriers
Chapter 39-14.1 - Public Motor Vehicles
Section 39-14.1-1. - Definitions.
Section 39-14.1-2. - Powers of division.
Section 39-14.1-3. - Certificate required for public motor vehicle operation — Application and fee.
Section 39-14.1-4. - Hearing on application.
Section 39-14.1-5. - Safety and sanitary condition of vehicles — Inspection.
Section 39-14.1-6. - Operations of public motor vehicles.
Section 39-14.1-7. - Proof of financial responsibility.
Section 39-14.1-8. - Licensing of operators.
Section 39-14.1-9. - Penalty for violations.
Section 39-14.1-10. - Certification of business previously established.