33-27-114. Limit on the amount of fund. The independent liability fund of any small business may not be greater than the larger of the following:
(1) the total of all legally required liability insurance; or
(2) five times the gross sales of the small business in its most recent fiscal year.
History: En. Sec. 7, Ch. 564, L. 1987.
33-27-114. Limit on the amount of fund. The independent liability fund of any small business may not be greater than the larger of the following:
(1) the total of all legally required liability insurance; or
(2) five times the gross sales of the small business in its most recent fiscal year.
History: En. Sec. 7, Ch. 564, L. 1987.
33-27-114. Limit on the amount of fund. The independent liability fund of any small business may not be greater than the larger of the following:
(1) the total of all legally required liability insurance; or
(2) five times the gross sales of the small business in its most recent fiscal year.
History: En. Sec. 7, Ch. 564, L. 1987.
