§ 34-13-14 - Liability insurance, bond, or other security required - Georgia Statutes

State Codes and Statutes

Statutes > Georgia > Title-34 > Chapter-13 > 34-13-14

O.C.G.A. 34-13-14 (2010)
34-13-14. Liability insurance, bond, or other security required

(a) No person shall operate a carnival ride unless at the time there is in existence:

(1) A policy of insurance in an amount not less than $1 million (if an independent contractor) against liability for injury to persons arising out of the operation of the carnival ride;

(2) A bond in a like amount; provided, however, that the aggregate liability of the surety under such bond shall not exceed the face amount thereof; or

(3) Cash or other security acceptable to the department.

(b) Regulations under this chapter shall permit appropriate deductibles or self-insured retention amounts to such policies of insurance. The policy or bond shall be procured from one or more insurers or sureties acceptable to the department.

State Codes and Statutes

Statutes > Georgia > Title-34 > Chapter-13 > 34-13-14

O.C.G.A. 34-13-14 (2010)
34-13-14. Liability insurance, bond, or other security required

(a) No person shall operate a carnival ride unless at the time there is in existence:

(1) A policy of insurance in an amount not less than $1 million (if an independent contractor) against liability for injury to persons arising out of the operation of the carnival ride;

(2) A bond in a like amount; provided, however, that the aggregate liability of the surety under such bond shall not exceed the face amount thereof; or

(3) Cash or other security acceptable to the department.

(b) Regulations under this chapter shall permit appropriate deductibles or self-insured retention amounts to such policies of insurance. The policy or bond shall be procured from one or more insurers or sureties acceptable to the department.

State Codes and Statutes

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State Codes and Statutes

Statutes > Georgia > Title-34 > Chapter-13 > 34-13-14

O.C.G.A. 34-13-14 (2010)
34-13-14. Liability insurance, bond, or other security required

(a) No person shall operate a carnival ride unless at the time there is in existence:

(1) A policy of insurance in an amount not less than $1 million (if an independent contractor) against liability for injury to persons arising out of the operation of the carnival ride;

(2) A bond in a like amount; provided, however, that the aggregate liability of the surety under such bond shall not exceed the face amount thereof; or

(3) Cash or other security acceptable to the department.

(b) Regulations under this chapter shall permit appropriate deductibles or self-insured retention amounts to such policies of insurance. The policy or bond shall be procured from one or more insurers or sureties acceptable to the department.